AEO Q2 earnings: Sydney Sweeney & Travis Kelce campaigns boost performance

American Eagle Outfitters (AEO) reported second-quarter net revenue of 1.28 billion dollars, down 1 percent year-over-year, with total comparable sales also declining by 1 percent. Despite the dip, the retailer posted its second-highest second-quarter revenue on record. Following the earnings release, shares rose nearly 1 percent in after-hours trading, signalling investor confidence in AEO’s strategy of leaning on high-impact celebrity collaborations.