- \n
- \nTotal revenue increased 10% to a record $1.8 billion, driven by total comparable sales increase of 8% with positive results across brands<\/p>\n<\/li>\n
- \nAerie comps +23%, American Eagle comps +2%<\/p>\n<\/li>\n
- \nReturned $341 million to shareholders in 2025 from $256 million in shares repurchases and $85 million in dividends<\/p>\n<\/li>\n
- \nFiscal 2026 operating income guidance of $390 to $410 million<\/p>\n<\/li>\n<\/ul>\n
PITTSBURGH–(BUSINESS WIRE<\/a>)–
\nAmerican Eagle Outfitters, Inc. (NYSE: AEO) today announced financial results for the fourth quarter and fiscal year ended January 31, 2026, and provided its outlook for fiscal year 2026.<\/p>\n\nJay Schottenstein, Executive Chairman of the Board and Chief Executive Officer, AEO Inc., commented, \u201cI am extremely pleased with the strong execution in the back half of the year, which reignited growth across our brands and channels. Building on the improved trends beginning last summer, we achieved a record fourth quarter and holiday period, with double digit growth at Aerie and OFFLINE and solid, positive performance at American Eagle. Compelling new product collections, supported by fresh marketing campaigns, led to higher demand trends in the quarter. I want to thank our associates for their resilience and outstanding execution to deliver a strong finish to 2025.\u201d<\/p>\n
\n\u201cWe enter 2026 from a position of strength with the goal of building on this year\u2019s successes. The first quarter is off to a positive start and we remain focused on investing in our brands and driving additional corporate savings and efficiency across the business. I\u2019m confident that our strategic actions will lead to long-term profitable growth and shareholder value creation,\u201d he concluded.<\/p>\n
\nFourth Quarter 2025 Results:<\/p>\n
- \n
- \nTotal net revenue of $1.8 billion increased 10% to last year. Total comparable sales increased 8%, on top of 3% comp growth last year.<\/p>\n<\/li>\n
- \nAerie comparable sales increased 23% on a 6% increase last year. American Eagle comparable sales grew 2% following 1% growth last year.<\/p>\n<\/li>\n
- \nGross profit of $651 million rose 9% from $599 million last year. The gross margin of 37.0% declined 30 basis points to last year.<\/p>\n
- \n
- \nThe net tariff impact was $50 million or 280 basis points to gross margin. Increased markdowns were largely offset by leverage on positive sales combined with lower costs, favorable currency and operational efficiencies.<\/p>\n<\/li>\n
- \nBuying, Occupancy and Warehousing (BOW) expenses leveraged 50 basis points due to positive sales.<\/p>\n<\/li>\n<\/ul>\n<\/li>\n
- \nSelling, general and administrative (SG&A) expenses increased 4% to $418 million, leveraging 120 basis points to a rate of 23.8% to revenue. Overall cost efficiencies and lower incentives were offset by planned investments in advertising.<\/p>\n<\/li>\n
- \nGAAP operating profit was $96 million, which includes $84 million of impairment and restructuring charges related to the company\u2019s exit from the Quiet Platform third party logistics business, store impairments and general corporate restructuring.<\/p>\n<\/li>\n
- \nAdjusted operating profit of $180 million increased 27% from $142 million last year. The adjusted operating margin of 10.2% expanded 130 basis points from 8.9% last year.<\/p>\n<\/li>\n
- \nOther income of $15 million reflected unrealized gains on investments previously disclosed.<\/p>\n<\/li>\n
- \nGAAP Diluted earnings per share of $0.50 compared to $0.54 last year.<\/p>\n<\/li>\n
- \nAdjusted diluted earnings per share of $0.84 compared to $0.54 last year. Average diluted shares outstanding were 176 million.<\/p>\n<\/li>\n<\/ul>\n
Fiscal Year 2025 Results:<\/b><\/p>\n
- \n
- \nTotal net revenue of $5.5 billion increased 3% versus last year. Total comparable sales increased 3%, on top of 4% comp growth last year.<\/p>\n<\/li>\n
- \nAerie comparable sales increased 9% on 5% growth last year. American Eagle comparable sales were flat following 3% growth last year.<\/p>\n<\/li>\n
- \nGross profit of $2.0 billion decreased 3%. Gross margin of 36.9% decreased 230 basis points largely reflecting an inventory write-down taken in the first quarter, higher markdowns and the impact of tariffs, partially offset by business improvement and cost efficiencies in the second half of the year.<\/p>\n<\/li>\n
- \nSelling, general and administrative expense of $1.5 billion increased 4%, up 10 basis points as a rate to revenue. Lower incentive costs and general cost savings were offset by planned investments in advertising.<\/p>\n<\/li>\n
- \nGAAP Operating income of $226 million, which includes $102 million of impairment and restructuring charges related to the company\u2019s exit from the Quiet Platforms third party logistics business, store impairments and general corporate restructuring. GAAP operating income was $427 million last year.<\/p>\n<\/li>\n
- \nAdjusted operating income of $328 million compared to adjusted operating income of $445 million last year.<\/p>\n<\/li>\n
- \nGAAP diluted earnings per share was $1.09 compared to $1.68 last year.<\/p>\n<\/li>\n
- \nAdjusted diluted earnings per share was $1.50 compared to adjusted diluted earnings per share of $1.74 last year. Average diluted shares outstanding were 176 million.<\/p>\n<\/li>\n<\/ul>\n
Inventory<\/b><\/p>\n
\nTotal ending inventory increased 10% to $702 million with units up 3%. Ending cost inventory includes the impact of tariffs.<\/p>\n
Shareholder Returns<\/b><\/p>\n
\nIn the fourth quarter the company repurchased one million shares for $25 million, bringing full year repurchases to 21 million shares for $256 million. The company also returned $21 million to shareholders via its quarterly cash dividend of $0.125 per share, bringing year-to-date cash dividends to $85 million.<\/p>\n
Capital Expenditures<\/b><\/p>\n
\nCapital expenditures totaled $59 million in the fourth quarter, bringing full year spend to $261 million. The company expects 2026 capital expenditures to be in the range of $250 to $260 million.<\/p>\n
Outlook<\/b><\/p>\n
\n*All guidance is based on estimates and includes tariffs reflecting 2025 IEEPA guidelines.<\/p>\n
\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n First Quarter 2026 Outlook<\/b><\/p>\n<\/td>\n
\n Fiscal Year 2026 Outlook<\/b><\/p>\n<\/td>\n<\/tr>\n
\n \n Comparable Sales<\/b><\/p>\n<\/td>\n
\n \n+High Single Digit<\/p>\n<\/td>\n
\n \n+Mid Single Digit<\/p>\n<\/td>\n<\/tr>\n
\n \n Gross Margin<\/b><\/p>\n<\/td>\n
\n \nUp YoY<\/p>\n<\/td>\n
\n \nUp YoY<\/p>\n<\/td>\n<\/tr>\n
\n \n SG&A<\/b><\/p>\n<\/td>\n
\n \n+10%<\/p>\n<\/td>\n
\n \n+MSD<\/p>\n<\/td>\n<\/tr>\n
\n \n Depreciation and Amortization<\/b><\/p>\n<\/td>\n
\n \n$54 M<\/p>\n<\/td>\n
\n \n$225 M<\/p>\n<\/td>\n<\/tr>\n
\n \n Operating Income<\/b><\/p>\n<\/td>\n
\n \n$20 to $25 M<\/p>\n<\/td>\n
\n \n$390 to $410 M<\/p>\n<\/td>\n<\/tr>\n
\n \n Weighted Average Share Count<\/b><\/p>\n<\/td>\n
\n \n176 M<\/p>\n<\/td>\n
\n \n177 M<\/p>\n<\/td>\n<\/tr>\n
\n \n Capital Expenditures<\/b><\/p>\n<\/td>\n
\n \n–<\/p>\n<\/td>\n
\n \n$250 to $260 M<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
About American Eagle Outfitters, Inc.<\/b><\/p>\n
\nAmerican Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer with a portfolio of beloved apparel brands including American Eagle, Aerie, OFFL\/NE by Aerie, Todd Snyder and Unsubscribed. Rooted in optimism, inclusivity and authenticity, AEO\u2019s brands empower every customer to celebrate their unique personal style by offering casual, comfortable, timeless outfitting and high-quality products that are made to last.<\/p>\n
\n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n CONSOLIDATED BALANCE SHEETS<\/b><\/td>\n<\/tr>\n \n (Unaudited; Dollars in thousands)<\/i><\/td>\n<\/tr>\n \n \n \n Fiscal Years Ending<\/td>\n<\/tr>\n \n \n \n January 31, 2026<\/td>\n \n February 1, 2025<\/td>\n<\/tr>\n \n Assets<\/b><\/td>\n \n \n \n <\/tr>\n \n Current assets:<\/td>\n \n \n \n <\/tr>\n \n Cash and cash equivalents<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n238,923<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n308,962<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Short-term investments<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n50,000<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Merchandise inventory<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n701,966<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n636,655<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Accounts receivable, net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n258,624<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n262,365<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Prepaid expenses<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n93,231<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n76,088<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Other current assets<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n21,429<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n20,161<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Total current assets<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,314,173<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,354,231<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Operating lease right-of-use assets<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,483,393<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,295,400<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Property and equipment, at cost, net of accumulated depreciation<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n785,622<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n751,264<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Goodwill, net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n225,269<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n225,079<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Non-current deferred income taxes<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n85,532<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n68,158<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Intangible assets, net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n37,468<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n42,449<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Other assets<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n111,024<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n94,194<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Total assets<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n4,042,481<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n3,830,775<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Liabilities and Stockholders\u2019 Equity<\/b><\/td>\n \n \n \n <\/tr>\n \n Current liabilities:<\/td>\n \n \n \n <\/tr>\n \n Accounts payable<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n251,761<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n280,712<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Current portion of operating lease liabilities<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n318,078<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n313,034<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Accrued compensation and payroll taxes<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n82,354<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n113,388<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Unredeemed gift cards and gift certificates<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n75,278<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n70,094<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Accrued income and other taxes<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n41,290<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n30,677<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Other current liabilities and accrued expenses<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n96,875<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n74,751<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Total current liabilities<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n865,636<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n882,656<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Non-current liabilities:<\/td>\n \n \n \n <\/tr>\n \n Non-current operating lease liabilities<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,415,046<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,133,296<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Other non-current liabilities<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n70,365<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n47,963<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Total non-current liabilities<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,485,411<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,181,259<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Commitments and contingencies<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Stockholders\u2019 equity:<\/td>\n \n \n \n <\/tr>\n \n Preferred stock<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Common stock<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,496<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,496<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Contributed capital<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n382,676<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n362,616<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Accumulated other comprehensive loss<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(15,586<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(56,390<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Retained earnings<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,552,721<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,456,063<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Treasury stock<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(1,229,154<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(1,001,154<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Total AEO stockholders’ equity<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,693,153<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,763,631<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Noncontrolling interests<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(1,719<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n3,229<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Total stockholders\u2019 equity<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,691,434<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,766,860<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Total liabilities and stockholders\u2019 equity<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n4,042,481<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n3,830,775<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Current Ratio<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1.52<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1.53<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/table>\n
\n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/td>\n<\/tr>\n \n (Unaudited; Dollars and shares in thousands, except per share amounts)<\/i><\/td>\n<\/tr>\n \n \n \n GAAP Basis<\/td>\n <\/tr>\n \n \n \n Fourth Quarter Ended<\/td>\n <\/tr>\n \n \n \n January 31, 2026<\/td>\n \n \n February 1, 2025<\/td>\n <\/tr>\n \n \n \n (In thousands)<\/i><\/td>\n \n (Percentage of revenue)<\/i><\/td>\n \n \n (In thousands)<\/i><\/td>\n \n (Percentage of revenue)<\/i><\/td>\n <\/tr>\n \n Total net revenue<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n1,760,834<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n100.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1,604,633<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n100.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Cost of sales, including certain buying, occupancy and warehouse expenses<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,109,773<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n63.0<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,005,458<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n62.7<\/p>\n<\/td>\n
<\/tr>\n \n Gross profit<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n651,061<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n37.0<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n599,175<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n37.3<\/p>\n<\/td>\n
<\/tr>\n \n Selling, general and administrative expenses<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n418,198<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n23.8<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n401,628<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n25.0<\/p>\n<\/td>\n
<\/tr>\n \n Impairment, restructuring and other charges<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n84,483<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4.8<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.0<\/p>\n<\/td>\n
<\/tr>\n \n Depreciation and amortization expense<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n52,635<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3.0<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n55,277<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3.4<\/p>\n<\/td>\n
<\/tr>\n \n Operating income<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n95,745<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n5.4<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n142,270<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n8.9<\/p>\n<\/td>\n
<\/tr>\n \n Interest expense (income), net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n268<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.0<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(2,355<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0.1)<\/p>\n<\/td>\n
<\/tr>\n \n Other (income), net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(14,781<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0.8)<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(2,375<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0.2)<\/p>\n<\/td>\n
<\/tr>\n \n Income before income taxes<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n110,258<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6.2<\/p>\n<\/td>\n
\n \n \n \n$<\/p>\n<\/td>\n
\n \n147,000<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n9.2<\/p>\n<\/td>\n
<\/tr>\n \n Provision for income taxes<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n26,636<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1.5<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n43,434<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2.7<\/p>\n<\/td>\n
<\/tr>\n \n Net income<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n83,622<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4.7<\/p>\n<\/td>\n
\n \n \n \n$<\/p>\n<\/td>\n
\n \n103,566<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6.5<\/p>\n<\/td>\n
<\/tr>\n \n Net loss attributable to noncontrolling interests<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n4,283<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.3<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n779<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.0<\/p>\n<\/td>\n
<\/tr>\n \n Net income attributable to AEO<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n87,905<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n5.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n104,345<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6.5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Net income per common share<\/td>\n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Basic net income per common share attributable to AEO<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n0.52<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n0.55<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n \n Diluted net income per common share attributable to AEO<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n0.50<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n0.54<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Weighted average common shares outstanding – basic<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n169,188<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n190,497<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n \n Weighted average common shares outstanding – diluted<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n175,701<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n193,496<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n<\/table>\n \n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n CONSOLIDATED STATEMENTS OF OPERATIONS<\/b><\/td>\n<\/tr>\n \n (Unaudited; Dollars and shares in thousands, except per share amounts)<\/i><\/td>\n<\/tr>\n \n \n \n GAAP Basis<\/td>\n <\/tr>\n \n \n \n Fiscal Year Ended<\/td>\n <\/tr>\n \n \n \n January 31, 2026<\/td>\n \n \n February 1, 2025<\/td>\n <\/tr>\n \n \n \n (In thousands)<\/i><\/td>\n \n (Percentage of revenue)<\/i><\/td>\n \n \n (In thousands)<\/i><\/td>\n \n (Percentage of revenue)<\/i><\/td>\n <\/tr>\n \n Total net revenue<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n5,496,810<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n100.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n5,328,652<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n100.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n Cost of sales, including certain buying, occupancy and warehouse expenses<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n3,471,489<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n63.1<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n3,239,719<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n60.8<\/p>\n<\/td>\n
<\/tr>\n \n Gross profit<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,025,321<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n36.9<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,088,933<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n39.2<\/p>\n<\/td>\n
<\/tr>\n \n Selling, general and administrative expenses<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,485,535<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n27.0<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,431,814<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n26.9<\/p>\n<\/td>\n
<\/tr>\n \n Impairment, restructuring, and other charges<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n101,603<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1.9<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n17,561<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.3<\/p>\n<\/td>\n
<\/tr>\n \n Depreciation and amortization expense<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n211,961<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3.9<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n212,255<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4.0<\/p>\n<\/td>\n
<\/tr>\n \n Operating income<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n226,222<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4.1<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n427,303<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n8.0<\/p>\n<\/td>\n
<\/tr>\n \n Interest expense (income), net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n4,112<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.1<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(7,769<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0.1)<\/p>\n<\/td>\n
<\/tr>\n \n Other (income), net<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(27,278<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0.5)<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(4,685<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(0.1)<\/p>\n<\/td>\n
<\/tr>\n \n Income before income taxes<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n249,388<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4.5<\/p>\n<\/td>\n
\n \n \n \n$<\/p>\n<\/td>\n
\n \n439,757<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n8.2<\/p>\n<\/td>\n
<\/tr>\n \n Provision for income taxes<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n63,866<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1.1<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n112,854<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2.1<\/p>\n<\/td>\n
<\/tr>\n \n Net income<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n185,522<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3.4<\/p>\n<\/td>\n
\n \n \n \n$<\/p>\n<\/td>\n
\n \n326,903<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6.1<\/p>\n<\/td>\n
<\/tr>\n \n Net loss attributable to noncontrolling interests<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6,461<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.1<\/p>\n<\/td>\n
\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n2,477<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n0.1<\/p>\n<\/td>\n
<\/tr>\n \n Net income attributable to AEO<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n191,983<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n3.5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n329,380<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n6.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Net income per common share<\/td>\n \n \n \n \n \n \n \n \n \n <\/tr>\n \n Basic net income per common share attributable to AEO<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n1.12<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n1.71<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n \n Diluted net income per common share attributable to AEO<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n1.09<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n1.68<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Weighted average common shares outstanding – basic<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n172,165<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n193,056<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n \n Weighted average common shares outstanding – diluted<\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n176,141<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n196,412<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n <\/tr>\n<\/table>\n \n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n GAAP to Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n (Dollars in thousands, except per share amounts)<\/i><\/td>\n<\/tr>\n \n (Unaudited)<\/i><\/td>\n<\/tr>\n \n \n \n 13 Weeks Ended<\/td>\n<\/tr>\n \n \n \n January 31, 2026<\/td>\n<\/tr>\n \n \n \n Operating Income<\/b><\/td>\n \n Income Tax Expense<\/b><\/td>\n \n Effective Tax Rate<\/b><\/td>\n \n Net Income Attributable to AEO<\/b><\/td>\n \n Earnings per Diluted Share<\/b><\/td>\n<\/tr>\n \n GAAP Basis<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n95,745<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n26,636<\/p>\n<\/td>\n
\n \n \n24.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n87,905<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n0.50<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n % of Revenue<\/i><\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n5.4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n5.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Add: Impairment and restructuring charges (1)<\/sup><\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n84,483<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n63,992<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n0.36<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Tax effect of the above (2)<\/sup><\/td>\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n20,491<\/p>\n<\/td>\n
\n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Net loss attributable to non-controlling interests<\/td>\n \n \n \n \n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n(3,707<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(0.02<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Non-GAAP Basis<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n180,228<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n47,127<\/p>\n<\/td>\n
\n \n \n24.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n148,190<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n0.84<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n % of Revenue<\/i><\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n10.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n8.4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n (1) <\/sup>The adjustments relate to the Company’s exit from the Quiet Platforms third party logistics business, store impairments, and corporate restructuring.<\/td>\n<\/tr>\n \n (2) <\/sup>The tax effect of excluded items is the difference between the tax provision calculated on a GAAP basis and on a non-GAAP basis.<\/td>\n<\/tr>\n<\/table>\n \n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n GAAP to Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n (Dollars in thousands, except per share amounts)<\/i><\/td>\n<\/tr>\n \n (Unaudited)<\/i><\/td>\n<\/tr>\n \n \n \n Fiscal Year Ended<\/td>\n<\/tr>\n \n \n \n January 31, 2026<\/td>\n<\/tr>\n \n \n \n Operating Income<\/b><\/td>\n \n Income Tax Expense<\/b><\/td>\n \n Effective Tax Rate<\/b><\/td>\n \n Net Income Attributable to AEO<\/b><\/td>\n \n Earnings per Diluted Share<\/b><\/td>\n<\/tr>\n \n GAAP Basis<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n226,222<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n63,866<\/p>\n<\/td>\n
\n \n \n25.6<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n191,983<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1.09<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n % of Revenue<\/i><\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n4.1<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n3.5<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Add: Impairment and restructuring charges (1)<\/sup><\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n101,603<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n76,794<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n0.43<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Tax effect of the above (2)<\/sup><\/td>\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n24,809<\/p>\n<\/td>\n
\n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Net loss attributable to non-controlling interests<\/td>\n \n \n \n \n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n(3,707<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n(0.02<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Non-GAAP Basis<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n327,825<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n88,675<\/p>\n<\/td>\n
\n \n \n25.3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n265,070<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1.50<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n % of Revenue<\/i><\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n4.8<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n (1) <\/sup>The adjustments relate to the Company’s exit from the Quiet Platforms third party logistics business, store impairments, and corporate restructuring.<\/td>\n<\/tr>\n \n (2) <\/sup>The tax effect of excluded items is the difference between the tax provision calculated on a GAAP basis and on a non-GAAP basis.<\/td>\n<\/tr>\n<\/table>\n \n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n GAAP to Non-GAAP Reconciliation<\/b><\/td>\n<\/tr>\n \n (Dollars in thousands, except per share amounts)<\/i><\/td>\n<\/tr>\n \n (Unaudited)<\/i><\/td>\n<\/tr>\n \n \n \n Fiscal Year Ended<\/td>\n<\/tr>\n \n \n \n February 1, 2025<\/td>\n<\/tr>\n \n \n \n Operating Income<\/b><\/td>\n \n Income Tax Expense<\/b><\/td>\n \n Effective Tax Rate<\/b><\/td>\n \n Net Income Attributable to AEO<\/b><\/td>\n \n Earnings per Diluted Share<\/b><\/td>\n<\/tr>\n \n GAAP Basis<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n427,303<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n112,854<\/p>\n<\/td>\n
\n \n \n25.7<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n329,380<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1.68<\/p>\n<\/td>\n<\/tr>\n
\n % of Revenue<\/i><\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n8.0<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6.2<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Add: Impairment, restructuring and other charges (1)<\/sup><\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n17,561<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n12,983<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n0.06<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Tax effect of the above<\/td>\n \n \n \n \n \n$<\/p>\n<\/td>\n
\n \n4,577<\/p>\n<\/td>\n
\n \n \n \n \n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Non-GAAP Basis<\/td>\n \n \n \n$<\/p>\n<\/td>\n
\n \n444,864<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n117,431<\/p>\n<\/td>\n
\n \n \n25.7<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n342,363<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1.74<\/p>\n<\/td>\n<\/tr>\n
\n % of Revenue<\/i><\/td>\n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n8.3<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n \n \n \n \n \n \n\u00a0<\/p>\n<\/td>\n
\n \n6.4<\/p>\n<\/td>\n
\n \n%<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \n \n \n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n (1) <\/sup>The adjustments relate to restructuring costs related to employee severance, as well as impairment and restructuring costs related to the sale of the Company’s Hong Kong retail operations to a third party buyer. Please refer to Note 14. \u201cImpairment, Restructuring and Other Charges,\u201d to the Consolidated Financial Statements included in the Company’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on December 12, 2024 for further information on the nature of these amounts.<\/td>\n<\/tr>\n<\/table>\n \n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n NET REVENUE BY SEGMENT<\/b><\/td>\n<\/tr>\n \n (Unaudited; Dollars in thousands)<\/i><\/td>\n<\/tr>\n \n \n Fourth Quarter Ended<\/td>\n \n Fiscal Year Ended<\/td>\n <\/tr>\n \n \n January 31,
2026<\/td>\n\n February 1,
2025<\/td>\n\n January 31,
2026<\/td>\n\n February 1,
2025<\/td>\n<\/tr>\n \n Net Revenue:<\/td>\n \n \n \n \n \n \n \n <\/tr>\n \n American Eagle<\/td>\n \n \n$<\/p>\n<\/td>\n
\n \n1,019,033<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1,000,935<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n3,367,033<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n3,385,231<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
<\/tr>\n \n Aerie<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n683,841<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n539,673<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,934,702<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n1,738,414<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
<\/tr>\n \n Other<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n65,910<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n74,906<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n226,027<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n243,907<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
<\/tr>\n \n Intersegment Elimination<\/td>\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(7,950<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(10,881<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(30,952<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n\u00a0<\/p>\n<\/td>\n
\n \n(38,900<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
<\/tr>\n \n Total Net Revenue<\/td>\n \n \n$<\/p>\n<\/td>\n
\n \n1,760,834<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n1,604,633<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n5,496,810<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n$<\/p>\n<\/td>\n
\n \n5,328,652<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
<\/tr>\n<\/table>\n \n
\n AMERICAN EAGLE OUTFITTERS, INC.<\/b><\/td>\n<\/tr>\n \n STORE INFORMATION<\/b><\/td>\n<\/tr>\n \n (Unaudited)<\/i><\/td>\n<\/tr>\n \n \n Fourth Quarter Ended<\/td>\n \n Fiscal Year Ended<\/td>\n<\/tr>\n \n \n January 31, 2026<\/td>\n \n January 31, 2026<\/td>\n<\/tr>\n \n Consolidated stores at beginning of period<\/td>\n \n \n1,190<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n1,172<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Consolidated stores opened during the period<\/td>\n \n \n <\/tr>\n \n AE Brand (1)<\/sup><\/td>\n \n \n6<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n12<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Aerie (incl. OFFL\/NE) (2)<\/sup><\/td>\n \n \n8<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n22<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Todd Snyder<\/td>\n \n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n4<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Unsubscribed<\/td>\n \n \n\u2014<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n2<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n Consolidated stores closed during the period<\/td>\n \n \n <\/tr>\n \n AE Brand (1)<\/sup><\/td>\n \n \n(33<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(36<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Aerie (incl. OFFL\/NE) (2)<\/sup><\/td>\n \n \n(3<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n
\n \n \n(8<\/p>\n<\/td>\n
\n \n)<\/p>\n<\/td>\n<\/tr>\n
\n Total consolidated stores at end of period<\/td>\n \n 1,168<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n 1,168<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Stores by Brand<\/td>\n \n \n <\/tr>\n \n AE Brand (1)<\/sup><\/td>\n \n \n805<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n <\/tr>\n \n Aerie (incl. OFFL\/NE) (2)<\/sup><\/td>\n \n \n332<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n <\/tr>\n \n Todd Snyder<\/td>\n \n \n23<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n <\/tr>\n \n Unsubscribed<\/td>\n \n \n8<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n <\/tr>\n \n Total consolidated stores at end of period<\/td>\n \n 1,168<\/b><\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n <\/tr>\n \n \n \n \n \u00a0<\/td>\n<\/tr>\n \n Total gross square footage at end of period (in ‘000)<\/td>\n \n \n7,198<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n7,198<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \u00a0<\/td>\n<\/tr>\n \n International license locations at end of period (3)<\/sup><\/td>\n \n \n357<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n
\n \n \n357<\/p>\n<\/td>\n
\n \n\u00a0<\/p>\n<\/td>\n<\/tr>\n
\n \n \n \n \u00a0<\/td>\n<\/tr>\n \n (1)<\/sup> AE Brand includes AE stand alone locations, AE\/Aerie side-by side locations, AE\/OFFL\/NE side-by-side locations, and AE\/Aerie\/OFFL\/NE side-by-side locations.<\/td>\n<\/tr>\n \n (2)<\/sup> Aerie (incl. OFFL\/NE) includes Aerie stand alone locations, OFFL\/NE stand alone locations, and Aerie\/OFFL\/NE side-by-side locations.<\/td>\n<\/tr>\n \n (3)<\/sup> International license locations (retail stores and concessions) are not included in the consolidated store data or the total gross square footage calculation.<\/td>\n<\/tr>\n<\/table>\n \n\u00a0<\/p>\n
<\/p>\n
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<\/td>\n<\/tr>\n