American Eagle Outfitters stock dropped 10.7% after the retailer reported fiscal second-quarter earnings that topped analyst expectations on profit and revenue, but missed Wall Street's estimates on comparable-store sales.

American Eagle reported profit of 79 cents a share, beating Wall Street's forecasts of 22 cents a share, on sales of $1.38 billion, slightly topping expectations for $1.37 billion.

The stock was already down slightly during the regular session, closing down 1.9% to $16.89 on Wednesday. It has fallen 36% this year.

"AE saw sequential improvement from the first quarter, including the fourth consecutive quarter of growth in men's, and we remain focused on opportunities to drive greater consistency in the women's business," CEO Jay Schottenstein said in a press release.

Same-store sales rose 6% from the prior year, while analysts had forecast a 6.7% increase.

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