American Eagle unveiled its new powering profitable growth plan, structured to deliver mid-to-high teens annual operating income expansion on 3-5% annual revenue growth over the next three years, and an approximate 10% operating margin. The company said, “Fueled by a shift in strategy, culture and focus to generate stronger profitability on continued growth, the multi-year plan is centered around three key pillars: Amplify our brands: Grow American Eagle, powering market leadership in denim and expansion into right-to-win adjacencies; Fuel Aerie’s expansion and Accelerate activewear opportunity with OFFLINE. Execute with financial discipline: Organization structured to deliver consistent profit growth and shareholder returns. Optimize operations: Leverage best-in-class operating capabilities to fuel our growth and profit roadmap.’
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