Synchrony Financial (SYF) said Thursday it has extended its multiyear agreement with American Eagle Outfitters (AEO) to continue managing the latter's credit programs.
Financial details weren't disclosed.
Synchrony will continue to offer a streamlined financing experience for American Eagle and Aerie customers, enabling them to earn rewards points when using their Real Rewards credit card for purchases made online or in stores, the consumer financial services company said.
Synchrony shares were up 1.1% while American Eagle shares were 2.6% higher in recent early trading.
Price: 47.19, Change: +0.43, Percent Change: +0.92
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