(Reuters) – American Eagle Outfitters Inc beat Wall Street expectations for fourth-quarter revenue on Wednesday, boosted by demand for lingerie and loungewear from its high-growth brand, Aerie.
Total net revenue fell about 2% to $1.29 billion in the quarter ended Jan. 30, compared with analysts’ expectations of $1.28 billion.
(Reporting by Aditi Sebastian and Nivedita Balu in Bengaluru; Editing by Shinjini Ganguli)
