BUZZ-American Eagle, Gap to face tough quarter as spending slows, TD Cowen says

Reuters11-18

BUZZ-American Eagle, Gap to face tough quarter as spending slows, TD Cowen says

** Brokerage TD Cowen says it is cautious on specialty retailers due to pickier consumers and potential for higher tariffs

** TD Cowen cuts PT on American Eagle Outfitters AEO.N to $20 from $23; cites sequential reduction in sales during Q3 and tougher comparables in Q4 owing to stronger sales a year ago

** Retail traffic slowed in September and October as consumers delayed spending until after the U.S. presidential election in early November, says TD Cowen analyst Jonna Kim

** Brokerage warns of potential tariffs on China imports by President-elect Donald Trump, noting an exposure between ~10% to 20% to China for AEO, Gap GAP.N, and Victoria's Secret VSCO.N

** Says Bath and Body Works BBWI.N "best positioned" if tariffs are implemented as it makes 85% of its products in the U.S.

** AEO set to report Q3 results on Dec. 4 and Gap to report on Nov. 21

** YTD, AEO down 12.85%, VSCO up 38.21%, GAP up 2.92% and BBWI down 26.92%

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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cites sequential reduction in sales during Q3 and tougher comparables in Q4 owing to stronger sales a year ago** Retail traffic slowed in September and October as consumers delayed spending until after the U.S. presidential election in early November, says TD Cowen analyst Jonna Kim  ** Brokerage warns of potential tariffs on China imports by President-elect Donald Trump, noting an exposure between ~10% to 20% to China for AEO, Gap GAP.N, and Victoria's Secret VSCO.N** Says Bath and Body Works BBWI.N \"best positioned\" if tariffs are implemented as it makes 85% of its products in the U.S.** AEO set to report Q3 results on Dec. 4 and Gap to report on Nov. 21** YTD, AEO down 12.85%, VSCO up 38.21%, GAP up 2.92% and BBWI ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BBWI":"Bath & Body Works Inc.","BK4200":"专卖店","BK4551":"寇图资本持仓","BK4094":"服装零售","VSCO":"维多利亚的秘密","AEO":"美鹰服饰","BK4585":"ETF&股票定投概念","GAP":"Gap, Inc","BK4588":"碎股"},"translate_title":"TD Cowen表示，随着支出放缓，美国之鹰和缺口将面临艰难的季度","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AEO":0.9,"BBWI":0.9,"GAP":0.9,"VSCO":0.9},"content_text":"BUZZ-American Eagle, Gap to face tough quarter as spending slows, TD Cowen says** Brokerage TD Cowen says it is cautious on specialty retailers due to pickier consumers and potential for higher tariffs** TD Cowen cuts PT on American Eagle Outfitters AEO.N to $20 from $23; cites sequential reduction in sales during Q3 and tougher comparables in Q4 owing to stronger sales a year ago** Retail traffic slowed in September and October as consumers delayed spending until after the U.S. presidential election in early November, says TD Cowen analyst Jonna Kim  ** Brokerage warns of potential tariffs on China imports by President-elect Donald Trump, noting an exposure between ~10% to 20% to China for AEO, Gap GAP.N, and Victoria's Secret VSCO.N** Says Bath and Body Works BBWI.N \"best positioned\" if tariffs are implemented as it makes 85% of its products in the U.S.** AEO set to report Q3 results on Dec. 4 and Gap to report on Nov. 21** YTD, AEO down 12.85%, VSCO up 38.21%, GAP up 2.92% and BBWI down 26.92% (Reporting by Aamir Sohail in Bengaluru) ((Aamir.Sohail@thomsonreuters.com;))","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"Economic Data","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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