American Eagle Shares Surge 24% Amid Q3 Forecasts, Salesforce Drops 6% Despite Beating Estimates

American Eagle's shares rose 24% in premarket trading, beating Q3 forecasts, while Salesforce's shares dipped 6% despite beating earnings and revenue estimates. American Eagle expects flat annual comparable sales and a $20m tariff hit in Q3. Salesforce maintained its full-year outlook and increased its forecast for earnings and revenue, but faces challenges in selling marketing and commerce products.

American Eagle Outfitters Inc. (AEO) saw its shares rise 24% in premarket trading on September 2, 2025, following the company's strong Q2 earnings report. The retailer's stock outperformed expectations, with the company reporting a 3% comp growth in Aerie and a record second quarter revenue of $1.28 billion [1]. Operating income improved by 2% to $103 million, while diluted EPS increased by 15% compared to last year.

Key highlights from the report include:
- Revenue Growth: Total revenue of $1.28 billion, marking the second highest ever for the second quarter.
- Operating Income: Improved by 2% to $103 million.
- Gross Margin: Increased to 38.9% from 38.6% last year.
- SG&A Expenses: Down 1% to $342 million.
- Inventory at Cost: Increased by 8%, with units up 3%.

American Eagle expects flat annual comparable sales and a $20 million tariff hit in Q3. The company plans to open approximately 30 Aerie and OFFLINE locations and close 35 to 40 American Eagle locations by year-end. The third quarter outlook projects a low single-digit increase in comparable sales, with operating income expected between $95 million to $100 million.

On the other hand, Salesforce Inc. (CRM) shares dipped 6% in premarket trading, despite beating earnings and revenue estimates. The company maintained its full-year outlook and increased its forecast for earnings and revenue. However, Salesforce faces challenges in selling marketing and commerce products.

References:
[1] https://finance.yahoo.com/news/american-eagle-outfitters-inc-aeo-070341438.html