(Teen retail report card updated with Pacific Sunwear of California and American Eagle Outfitters earnings results.)NEW YORK ( TheStreet) -- Teen retailers were in the spotlight this week, as investors looked to second-quarter earnings reports to shed light on the all-important back-to-school season. The market, however, was disappointed with the sector, as outlooks for the second-half of the year were muted -- with deep discounting across the board and rising sourcing and labor costs expected to weigh on teen retailers' margins for the remainder of the year. ANF) and American Eagle Outfitters ( AEO), in the face of one of the most economically affected sectors in the economy, has managed to destroy any potential for even the better-run teen players, who maintained inventory and expense discipline, to register strong results," Brean Murray analyst Eric Beder, wrote in a note.
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