American Eagle Outfitters Reports Return to Profitability with Strong Q1 Revenue

American Eagle Outfitters announced a return to profitability in its first quarter, reporting a net income of $23.5 million. The company achieved record revenue of $1.2 billion, a 10% increase year-over-year, largely propelled by significant growth in its Aerie brand. Following these positive results, American Eagle has also increased its full-year revenue forecast.