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AEO CEO: ‘We’re Going to See a Boom in This Country’

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Still hindered by Covid-related diminished demand, American Eagle Outfitters saw revenue and income declines in the fourth quarter.
An American Eagle Outfitters store at the Citadel Outlets in Commerce, Calif.
CREDIT: Ringo Chiu via AP

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Still hindered by Covid-related diminished demand, American Eagle Outfitters saw revenue and income declines in the fourth quarter. In a Nutshell: American Eagle Outfitters (AEO) Inc. ended its 2020 fiscal year in a substantially improved financial position than a year earlier. AEO generated $213 million in operating cash flow during the fourth quarter and $202…

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