The mean estimate of analysts polled by Thomson Reuters was for earnings of 28 cents a share and revenue of $705.5 million.
In the year-ago period, the company reported net income of $81.3 million, or 37 cents a share, on revenue of $703.2 million.
American Eagle said that so far in August, comparable sales were down 6%. The company also forecast third-quarter earnings of 31 cents to 36 cents a share, below the analyst consensus of 39 cents a share.
Shares of American Eagle closed Monday at $13.74. Ryan Vlastelica rv/cm
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