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Mixed bag for fashion-apparel giants from Americas in Q3 2023

25 Dec '23
6 min read
Pic: JHVEPhoto - stock.adobe.com
Pic: JHVEPhoto - stock.adobe.com

Insights

  • In the third quarter of FY23, five apparel and fashion companies revealed mixed financial results.
  • American Eagle Outfitters, Arezzo, and Ross Stores reported growth in sales and profits, whereas Macy's and Dillard's experienced declines.
  • The companies' outcomes varied from record revenues and improved profit margins to downturns in sales and net income.

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