I absolutely love Aerie and it is very clear why this brand is driving American Eagle growth so strongly. I think the company will succeed in improving the supply chain. My advice is buy now! I bought as much as I could.
Sharp decline
The company lowered its outlook for revenue for the year, and in the meantime, Abercrombie & Fitch posted a surprise profit. A drastic plunge of shares was to be expected. I'm debating whether to dump this stock or not?