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American Eagle Outfitters Rises on First-Quarter Earnings Beat

Rob Lenihan

advanced 2.5% to $18.98 after the specialty retailer beat Wall Street's first-quarter earnings and revenue forecasts. Revenue totaled $886.3 million, up from the year-ago figure of $823 million and beat Wall Street's forecast of $855 million. American Eagle brand comparable sales increased 4%, following a 4% increase last year.