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American Eagle stocks plunge 17% after it withdraws steering, writes off $75 million in stock

American Eagle stocks plunge 17% after it withdraws steering, writes off  million in stock

A buyer enters an American Eagle retailer on April 4, 2025 in Miami, Florida.  Joe Raedle | Getty Images American Eagle on Tuesday stated it is writing off $75 million in spring and summer time products and retreating its full-year steering because it contends with gradual gross sales, steep discounting …

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