This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Retailers Banking on a New CEO in 2012

American Eagle Outfitters

American Eagle Outfitters (AEO - Get Report) named Robert Hanson as CEO in November to succeed Jim O'Donnell who will retire in January.

Hanson, who most recently served at the global president of Levi's, will assume the role on Jan. 30.

O'Donnell has led American Eagle since November 2003. After being appointed to the post, shares of American Eagle surged 182%, hitting an all-time high in January 2007. Since reaching that high, however, the stock has tumbled 58% and shares are about flat for the year-to-date period.

Amid the recession, American Eagle struggled to remain competitive against deep price cuts from rivals like Abercrombie & Fitch (ANF) and was plagued by merchandise misses. In the first half of 2011, the teen retailer was hurt by weak sales, but has seen a bit of a turnaround in the past two quarters.

4 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
TLB $0.00 0.00%
AVP $9.02 0.00%
AEO $17.15 0.00%
BONT $7.35 0.00%
JCP $8.41 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs