American Eagle's Aerie Continues to Innovate
The AerieReal Summit in New York City on International Women's Day (Mar. 8) was sold out, despite growing fears around the COVID-19 coronavirus outbreak. Only one day earlier, New York governor Andrew Cuomo announced a state of emergency for the region. The impressive attendance at Aerie's event shows how much brand power and customer loyalty the lifestyle retailer has developed. The success of this segment is one of the key growth drivers of its parent company, American Eagle (NYSE: AEO).
With the retail space and the overall market suffering from the numerous disruptions and recent public health warnings, what should investors focus on when evaluating American Eagle's stock and business outlook?
Image Source: American Eagle.
Source Fool.com
