Business

American Eagle recently announced that it is making strides in boosting profitability through improving its product assortment and operational tweaks. Despite this positive development, the company’s fiscal first-quarter sales fell short of Wall Street’s expectations. However, the company reported a 6% increase in revenue compared to the previous year, setting a first-quarter record. Despite this,
Lowe’s recently released its quarterly earnings report, which surpassed Wall Street’s expectations. Despite a decrease in sales of pricey items to do-it-yourself customers, the home improvement retailer managed to outperform. This positive outcome contrasts with Home Depot’s earnings report from the previous week, where the company missed revenue expectations due to a challenging housing market