Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’


A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City.

Michael M. Santiago | Getty Images

Shares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney.

“Sydney Sweeney, a registered Republican, has the ‘HOTTEST’ ad out there. It’s for American Eagle, and the jeans are ‘flying off the shelves.’ Go get ’em Sydney!” Trump wrote on his social media site Truth Social not long after markets opened. 

Shortly after Trump’s post, shares of American Eagle surged, and just before 11 a.m. ET, were still trading more than 15% higher. Monday’s gains come a little over a week after American Eagle first announced that the “Euphoria” star would headline its fall marketing campaign with the slogan: “Sydney Sweeney has great jeans.”

Initially, the stock surged in an apparent bout of meme stock mania, but over the past week, shares of the company have been down as American Eagle has faced criticism that the campaign was sexist and out of touch. That slump rebounded on Monday when Trump weighed in on the discourse.

As of Friday’s close, shares of American Eagle were down more than 27% so far this year as the company grapples with larger macroeconomic concerns related to tariffs, consumer spending and its own merchandising missteps. 

Earlier this year, the company said it would take a $75 million write-down in spring and summer merchandise after it pulled its full-year guidance due to slow sales, steep discounting and a volatile macroeconomic environment.

For its current quarter, American Eagle said in May that it expects revenue to fall 5%, comparable sales to be down 3% and gross margin to be lower compared with the prior year. Its operating income for the second quarter is expected to be between $40 million and $45 million.

The impact the Sweeney campaign is having on its sales, for better or worse, remains to be seen. 



Source

Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn’t matched
Business

Under mounting toy pressures, Hasbro has a secret sauce that Mattel hasn’t matched

The gap is widening between rival toy makers Hasbro and Mattel — thanks in part to a 30-year-old trading card game. The toy giants have flip-flopped dominance in the space for decades, jockeying for the most coveted master licenses to put new fan favorites — Disney princesses and “Star Wars” characters among them — on […]

Read More
Illiquid loans, investor demands: Blue Owl’s software lending triggers another quake in private credit
Business

Illiquid loans, investor demands: Blue Owl’s software lending triggers another quake in private credit

Blue Owl BDC’s CEO Craig Packer speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 19, 2025. Brendan McDermid | Reuters The latest tremor in the private credit world involved a deal that should’ve been reassuring to markets. Blue Owl, a direct […]

Read More
With Trump’s ‘reciprocal’ tariffs struck down, here are the industries still facing higher rates
Business

With Trump’s ‘reciprocal’ tariffs struck down, here are the industries still facing higher rates

The Supreme Court during a rain storm in Washington, Feb. 20, 2026. Annabelle Gordon | Bloomberg | Getty Images The Supreme Court on Friday ruled that President Donald Trump’s country-specific “reciprocal” tariffs are unconstitutional, delivering a win for many consumer companies facing higher import costs. But the ruling doesn’t cover all sectors. The Supreme Court […]

Read More