Black Friday, the biggest shopping day of the year in the U.S., set a record this year for online shopping.
In-store traffic, on the other hand, was down about 8.2% on Black Friday, according to Sensormatic Solutions. For the full Black Friday week, in-store traffic fell 3.9% compared to last year. American Eagle is considered to have more upside among analysts, with a median price target of $22.50. That would be 15% higher than the current price. Its P/E ratio has dropped from $28 in April to $15 now, with a forward P/E of 9. Analysts also anticipate steady earnings growth in 2025 and 2026.), also soared last week. Birkenstock stock rose 2.3% on Friday and 5.3% for the week, while Deckers stock jumped 2.2% on Friday and 3% for the week. Steve Madden rose 1.7% on Black Friday and 5.
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