Pittsburgh—American Eagle Outfitters today called its third quarter “unsatisfactory” after its net profit plunged 68.3% as sales slumped. For the quarter ended Nov. 2, the teen retailer posted a net income of $24.9 million, or 13 cents a share, compared with $78.61 million, or 39 cents a share, a year ago. Excluding one-time items, adjusted […]
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