American Eagle Outfitters Names Jay L. Schottenstein, Chief Executive Officer

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Cowen Reiterates Bullish View on American Eagle Outfitters (AEO) on Solid Execution

December 3, 2015 7:58 AM EST

Cowen reiterated an Outperform rating and $20.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 3Q earnings report. AEO's 3Q results were driven by strong comp & gross margin performance. Comps were +9% overall, with AE +8% and aerie +21%. Traffic was up y/y... More

American Eagle Outfitters (AEO) Names New CEO

December 2, 2015 4:03 PM EST

American Eagle Outfitters (NYSE: AEO) announced its Board of Directors has appointed Jay L. Schottenstein Chief Executive Officer, effective immediately. Jay will continue in his role as Executive Chairman of the Board. He has served as interim Chief Executive Officer since January of 2014.

Jay has orchestrated a swift recovery since taking the helm,... More