Friday, August 24, 2012

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?

Read more here:
http://stocks.investopedia.com/stock-analysis/2012/Does-American-Eagle-Have-A-Second-Act-AEO-ANF-EXPR-HOTT0824.aspx

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