Editor
American Eagle Outfitters said on Thursday it expects revenue and operating income for the second quarter to be above the prior forecast, sending its shares up 6 percent in premarket trade.
The teen apparel maker now expects revenue for the quarter to be flat to a year earlier, compared with its prior forecast of down low-single digits. It sees operating income exceeding previous guidance of $25 million to $35 million.
“Demand picked up in…
