American Eagle Outfitters’ Executive Chairman Completes $26.8 Million Stake Sale Amid Revised Earnings Outlook
Jay L. Schottenstein, serving as Executive Chairman and CEO of American Eagle Outfitters (NASDAQ:AEO), executed a series of stock sales totaling nearly $26.8 million by divesting 1,049,679 shares within a three-day period. Concurrently, the company has adjusted its fourth-quarter operating income forecast upward and announced a strategic global par…