UPDATE 2-American Eagle to shut more stores as sales remain weak
* Says to shut additional 150 stores over next 3 years
* Sees breakven/share in current quarter vs est. EPS $0.04
* Expects same-store sales to fall in high single-digit pct range
* First-quarter comparable-store sales down 10 pct
* Shares fall as much as 7 pct (Adds CEO, analysts' comments, updates shares)
By Shailaja Sharma
May 21 (Reuters) - American Eagle Outfitters Inc forecast another quarter of falling comparable-store sales and said it would close 150 more stores in North America as it continues to struggle to attract fickle teen shoppers.
American Eagle's shares fell as much as 7 percent to a more than 30-month low in midday trading.
The company, which targets customers aged between 15 and 25, said it expected comparable sales to decline in high single-digit percentage range in the second quarter. Continued...