American Eagle Outfitters (NYSE: AEO) plunged over 17 percent after the bell Monday, as the retailer cut it outlook for the second quarter to 10 cents a share, well below analysts' expectations for 21 cents a share. The retailer blamed weak sales for the period, just ahead of the back-to-school season. American Eagle is expected to report earnings results on August 28 for the quarter ending July 2013. As of 2:40 p.m. eastern, shares of American Eagle Outfitters plunged 13.62 percent to $17.
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