For all of 2024, American Eagle generated total net revenue of $5.3 billion, a 1% increase from the year before, with total comparable sales for the year up 4%, slightly above the 3% of the year before. Comp sales for women's intimates retailer Aerie increased 5% last year while American Eagle's increased 3%.

American Eagle Outfitters forecast annual revenue below expectations on Wednesday, joining major U.S. apparel makers that expect a demand slowdown for clothing and accessories as shoppers battle the likelihood of pressured budgets again.