Corporate America Is Testing the Limits of Its Pricing Power
Firms may struggle to keep profits up if demand slows, but so far they are finding ways to keep margins wide.
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Firms may struggle to keep profits up if demand slows, but so far they are finding ways to keep margins wide.
Retailers increasingly use digital price displays, which they can change with the touch of a button. Across the economy, executives trying to maximize profits are effectively running tests to see what prices consumers will bear before they stop buying.
American Eagle Outfitters reported a 5% revenue increase in Q3 and increased its annual revenue forecast due to strong demand.
Operator: Greetings and welcome to the American Eagle Outfitters Third Quarter 2023 Earnings Conference Call. [Operator Instructions]. As a reminder, this conference is being recorded.
By: Evan Clark | Link to article The retailer, which owns Aerie and American Eagle, also saw its sales perk up. American Eagle Outfitters...