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Gap and American Eagle stock are both getting crushed, and neither retailer is blaming the economy

Gap and American Eagle stock are both getting crushed, and neither retailer is blaming the economy
Key Points

For two retailers that both saw their stock slide by a double-digit percentage after earnings, what may be most surprising is that executives at both Gap and American Eagle Outfitters say nothing is wrong with the economy.

For two retailers that both saw their stock slide by a double-digit percentage after earnings, what may be most surprising is that executives at both Gap and American Eagle Outfitters say nothing is wrong with the economy.
Originally published by MarketWatch Read original →