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American Eagle Outfitters swings to Q2 profit, ups FY guidance

American Eagle Outfitters (AEO) has raised its full-year outlook as it swung to a profit in the three months to July 29. The company made a net profit of 48.6 million dollars in the second quarter from a loss of 42.5 million dollars a year earlier, while its operating profit widened to 65.3 million dollars from 14 million dollars. For the...

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