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

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

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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.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.