Martin + Osa Shutdown Cuts American Eagle Profit

Summary


American Eagle Outfitters Inc. said its first quarter profit fell by more than half, as the company took a loss and moved to close its Martin + Osa store chain.

The South Side-based clothing retailer said Wednesday it made a profit of $10.92 million, or 5 cents a share. That compares to $21.97 million or 11 cents, a year ago.

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Martin + Osa Shutdown Cuts American Eagle Profit

The company said its operat...

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