Summary of Reportable Segment Information |
Reportable segment information is presented in the following tables:
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For the 13 weeks ended August 2, 2025 (In thousands) |
|
American Eagle |
|
|
Aerie |
|
|
Other |
|
|
Intersegment Elimination |
|
|
Total |
|
Net Revenue |
|
$ |
800,406 |
|
|
$ |
429,084 |
|
|
$ |
61,523 |
|
|
$ |
(7,338 |
) |
|
$ |
1,283,675 |
|
Cost of sales, including certain buying, occupancy and warehousing costs |
|
|
470,860 |
|
|
|
250,525 |
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
|
|
170,640 |
|
|
|
89,191 |
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization |
|
|
20,718 |
|
|
|
14,740 |
|
|
|
|
|
|
|
|
|
|
Total segment operating income |
|
$ |
138,188 |
|
|
$ |
74,628 |
|
|
$ |
(10,094 |
) |
|
$ |
- |
|
|
$ |
202,722 |
|
Unallocated corporate expenses |
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|
|
|
|
|
|
|
|
|
|
|
|
(99,637 |
) |
Total operating income |
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|
|
|
|
|
|
|
|
|
|
|
|
103,085 |
|
Interest expense, net |
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|
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|
|
|
|
|
|
1,919 |
|
Other (income), net |
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|
|
|
|
|
|
|
|
|
|
|
|
(172 |
) |
Income before income taxes |
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|
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|
|
|
|
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$ |
101,338 |
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|
|
|
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|
|
|
|
|
|
|
|
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For the 13 weeks ended August 3, 2024 (In thousands) |
|
American Eagle |
|
|
Aerie |
|
|
Other |
|
|
Intersegment Elimination |
|
|
Total |
|
Net Revenue |
|
$ |
827,638 |
|
|
$ |
415,646 |
|
|
$ |
57,457 |
|
|
$ |
(9,683 |
) |
|
$ |
1,291,058 |
|
Cost of sales, including certain buying, occupancy and warehousing costs |
|
|
487,351 |
|
|
|
248,883 |
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
|
|
177,274 |
|
|
|
82,239 |
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization |
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|
18,124 |
|
|
|
14,884 |
|
|
|
|
|
|
|
|
|
|
Total segment operating income |
|
$ |
144,889 |
|
|
$ |
69,640 |
|
|
$ |
(10,155 |
) |
|
$ |
- |
|
|
$ |
204,374 |
|
Unallocated corporate expenses |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(103,265 |
) |
Total operating income |
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|
|
|
|
|
|
|
|
|
|
|
|
|
101,109 |
|
Interest (income), net |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(730 |
) |
Other (income), net |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(1,715 |
) |
Income before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
103,554 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
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|
For the 26 weeks ended August 2, 2025 (In thousands) |
|
American Eagle |
|
|
Aerie |
|
|
Other |
|
|
Intersegment Elimination |
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|
Total |
|
Net Revenue |
|
$ |
1,494,271 |
|
|
$ |
788,872 |
|
|
$ |
105,494 |
|
|
$ |
(15,362 |
) |
|
$ |
2,373,275 |
|
Cost of sales, including certain buying, occupancy and warehousing costs |
|
|
926,755 |
|
|
|
512,451 |
|
|
|
|
|
|
|
|
|
|
Selling, general and administrative expenses |
|
|
338,695 |
|
|
|
172,108 |
|
|
|
|
|
|
|
|
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Depreciation and amortization |
|
|
40,886 |
|
|
|
28,910 |
|
|
|
|
|
|
|
|
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|
Total segment operating income |
|
$ |
187,935 |
|
|
$ |
75,403 |
|
|
$ |
(23,264 |
) |
|
$ |
- |
|
|
$ |
240,074 |
|
Unallocated corporate expenses |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(205,052 |
) |
Impairment and restructuring charges (1) |
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|
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|
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|
$ |
(17,119 |
) |
Total operating income |
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|
|
|
|
|
|
|
|
|
|
|
|
|
17,903 |
|
Interest expense, net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,700 |
|
Other (income), net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(523 |
) |
Income before income taxes |
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|
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$ |
16,726 |
|
(1) Refer to Note 13, Impairment and Restructuring Charges, to the Consolidated Financial Statements for additional information. |
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For the 26 weeks ended August 3, 2024 (In thousands) |
|
American Eagle |
|
|
Aerie |
|
|
Other |
|
|
Intersegment Elimination |
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|
Total |
|
Net Revenue |
|
$ |
1,552,382 |
|
|
$ |
788,298 |
|
|
$ |
112,441 |
|
|
$ |
(18,196 |
) |
|
$ |
2,434,925 |
|
Cost of sales, including certain buying, occupancy and warehousing costs |
|
|
895,774 |
|
|
|
466,044 |
|
|
|
|
|
|
|
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|
Selling, general and administrative expenses |
|
|
337,435 |
|
|
|
161,148 |
|
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|
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|
|
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Depreciation and amortization |
|
|
35,700 |
|
|
|
30,139 |
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|
|
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|
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|
Total segment operating income |
|
$ |
283,473 |
|
|
$ |
130,967 |
|
|
$ |
(25,003 |
) |
|
$ |
- |
|
|
$ |
389,437 |
|
Unallocated corporate expenses |
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|
|
|
|
|
|
|
|
|
|
|
|
|
(210,493 |
) |
Total operating income |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
178,944 |
|
Interest (income), net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(4,168 |
) |
Other (income), net |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(3,111 |
) |
Income before income taxes |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ |
186,223 |
|
|
|
|
|
|
|
|
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|
13 Weeks Ended |
|
|
August 2, |
|
|
August 3, |
|
|
2025 |
|
|
2024 |
|
Capital Expenditures |
|
|
|
|
|
American Eagle |
$ |
24,577 |
|
|
$ |
24,087 |
|
Aerie |
|
22,249 |
|
|
|
15,874 |
|
Other |
|
9,115 |
|
|
|
4,593 |
|
General corporate expenditures |
|
15,018 |
|
|
|
16,182 |
|
Total Capital Expenditures |
$ |
70,959 |
|
|
$ |
60,736 |
|
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|
|
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26 Weeks Ended |
|
|
August 2, |
|
|
August 3, |
|
|
2025 |
|
|
2024 |
|
Capital Expenditures |
|
|
|
|
|
American Eagle |
$ |
43,510 |
|
|
$ |
36,721 |
|
Aerie |
|
40,174 |
|
|
|
27,616 |
|
Other |
|
19,288 |
|
|
|
7,457 |
|
General corporate expenditures |
|
29,593 |
|
|
|
25,151 |
|
Total Capital Expenditures |
$ |
132,565 |
|
|
$ |
96,945 |
|
|
Summary of Geographical Information |
The following table presents summarized geographical information:
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|
13 Weeks Ended |
|
|
26 Weeks Ended |
|
(In thousands) |
August 2, 2025 |
|
|
August 3, 2024 |
|
|
August 2, 2025 |
|
|
August 3, 2024 |
|
Total net revenue: |
|
|
|
|
|
|
|
|
|
|
|
United States |
$ |
1,083,813 |
|
|
$ |
1,088,870 |
|
|
$ |
2,005,326 |
|
|
$ |
2,048,604 |
|
Foreign (1) |
|
199,862 |
|
|
|
202,188 |
|
|
|
367,949 |
|
|
|
386,321 |
|
Total net revenue |
$ |
1,283,675 |
|
|
$ |
1,291,058 |
|
|
$ |
2,373,275 |
|
|
$ |
2,434,925 |
|
(1) Amounts represent sales from American Eagle and Aerie international retail stores, e-commerce sales that are billed to and/or shipped to foreign countries and international franchise royalty revenue.
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|
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|
|
August 2, |
|
|
August 3, |
|
(In thousands) |
2025 |
|
|
2024 |
|
Long-lived assets, net: |
|
|
|
|
|
United States |
$ |
2,204,998 |
|
|
$ |
1,717,538 |
|
Foreign |
|
173,331 |
|
|
|
158,009 |
|
Total long-lived assets, net |
$ |
2,378,329 |
|
|
$ |
1,875,547 |
|
|