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ABERCROMBIE AND FITCH CO.
Asset Protection Investigator
Permanent · Concord
OLD NAVY
Asset Protection Lead - Outlts @ Little Rock
Permanent · Little Rock
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Assistant General Manager, Merchandising - Northcross
Permanent · Huntersville
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External Asset Protection Lead - Franklin Park
Permanent · Toledo
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General Manager - Four Flaggs
Permanent · Niles
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Assistant General Manager, Merchandising - Crossings of Decatur
Permanent · Decatur
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Assistant General Manager - Festival Mkt@Dogwood
Permanent · Flowood
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General Manager - Barrow Crossing
Permanent · Bethlehem
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Asset Protection Service Representative -Sports Arena Plaza
Permanent · San Diego
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Buyer, Girl's, Outlet
Permanent · San Francisco
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Asset Protection Agent - Fulton Street
Permanent · New York
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General Manager - Franklin Park
Permanent · Spokane
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Assistant General Manager, Merchandising - Brickyard Square (New Store)
Permanent · Epping
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Assistant General Manager - Eagan Promenade
Permanent · Eagan
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General Manager - Conyers Crossroads
Permanent · Conyers
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Asset Protection Manager - Utah
Permanent · Salt Lake City
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Assistant General Manager, Merchandising - Bradford Plaza
Permanent · Stillwater
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General Manager - San Diego
Permanent · San Diego
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Assistant General Manager, Merchandising - Midtown Village
Permanent · Tuscaloosa
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Vice President - Technical Design, Fabric R&D & Quality
Permanent · San Francisco
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Program Manager, Digital Production
Permanent · San Francisco
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Asset Protection Agent - Keizer Station
Permanent · Keizer
By
Reuters API
Published
Apr 22, 2020
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American Eagle pulls annual forecast on coronavirus worries; shares plunge

By
Reuters API
Published
Apr 22, 2020

Shares of American Eagle Outfitters Inc dropped 14% on Wednesday after the apparel retailer withdrew its full-year forecast and said current-quarter results would be significantly hit by coronavirus-related store closures.




The owner of the Aerie clothing brand said it saw signs of falling customer traffic and waning demand early in March before announcing nationwide store closures later that month.

Like several U.S. companies, the retailer has already suspended its share buyback program, furloughed employees, deferred its first-quarter dividend payout and said on Wednesday it would raise $400 million to weather the dent caused by the pandemic.

American Eagle said it was uncertain how soon store traffic would reach pre-pandemic levels once stores reopen, and that could mean further hit to its full-year sales.

To counter some of the headwinds, American Eagle said it would start a curb-side pick-up service, like most non-essential retailers have, next week.

Shares of the company, which have lost nearly half their value so far this year, fell as much as 15% to $7.10.

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