Investopedia: Does American Eagle Have A Second Act?
Half a year ago, I was relatively positive on the turnaround prospects for American Eagle Outfitters (NYSE:AEO),
as I thought Wall Street gave the company virtually no credit for the
improvements it had undertaken. The stock is up 50% since then, which is
not a bad return for a half-year turnaround story. The question for
investors now, though, is whether the company has anything else left in
the tank - can the company leverage its mature store base into sustained
growth, and/or can the company develop a new growth strategy?