American Eagle Leaps Over 20% As Q2 Earnings Top Estimates; Sydney Sweeney And Travis Kelce Campaigns Highlight Growth

American Eagle Outfitters reported fiscal second-quarter earnings that beat expectations on Wednesday, according to CNBC. Earnings per share were 45 cents, topping estimates of 21 cents, and revenue was $1.28 billion, above forecasts of $1.24 billion. American Eagle said its Sydney Sweeney and Travis Kelce campaigns have driven mid-single-digit comp growth, 700,000 new customers, sellouts, and double-digit traffic gains despite pushback. American Eagle said its Sydney Sweeney and Travis Kelce campaigns have driven mid-single-digit comp growth, 700,000 new customers, sellouts, and double-digit traffic gains despite pushback. The company said its Travis Kelce launch generated triple the sales of past collaborations in one day, with many athlete-worn items selling out. Shares surged more than 20% in after-hours trading.