YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Apparel chain American Eagle Outfitters expects earnings to decline in the first half of 2022.
Company officials cited increased freight expenses. The company used pricier air freight in the second half of 2021 to circumvent factory closures in Asia.
American Eagle expects a recovery during the second half of this year.
Read more from CNBC.
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