v3.25.2
Segment Reporting (Tables)
6 Months Ended
Aug. 02, 2025
Segment Reporting [Abstract]  
Summary of Reportable Segment Information

Reportable segment information is presented in the following tables:

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(99,637

)

Total operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

103,085

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,919

 

Other (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(172

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

101,338

 

 

 

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

 

 

18,124

 

 

 

14,884

 

 

 

 

 

 

 

 

 

 

Total segment operating income

 

$

144,889

 

 

$

69,640

 

 

$

(10,155

)

 

$

-

 

 

$

204,374

 

Unallocated corporate expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(103,265

)

Total operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

101,109

 

Interest (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(730

)

Other (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1,715

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

103,554

 

 

For the 26 weeks ended August 2, 2025 (In thousands)

 

American Eagle

 

 

Aerie

 

 

Other

 

 

Intersegment Elimination

 

 

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

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

40,886

 

 

 

28,910

 

 

 

 

 

 

 

 

 

 

Total segment operating income

 

$

187,935

 

 

$

75,403

 

 

$

(23,264

)

 

$

-

 

 

$

240,074

 

Unallocated corporate expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(205,052

)

Impairment and restructuring charges (1)

 

 

 

 

 

 

 

 

 

 

 

 

 

$

(17,119

)

Total operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

17,903

 

Interest expense, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,700

 

Other (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(523

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

16,726

 

(1) Refer to Note 13, Impairment and Restructuring Charges, to the Consolidated Financial Statements for additional information.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the 26 weeks ended August 3, 2024 (In thousands)

 

American Eagle

 

 

Aerie

 

 

Other

 

 

Intersegment Elimination

 

 

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

 

 

 

 

 

 

 

 

 

 

Selling, general and administrative expenses

 

 

337,435

 

 

 

161,148

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

35,700

 

 

 

30,139

 

 

 

 

 

 

 

 

 

 

Total segment operating income

 

$

283,473

 

 

$

130,967

 

 

$

(25,003

)

 

$

-

 

 

$

389,437

 

Unallocated corporate expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(210,493

)

Total operating income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

178,944

 

Interest (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4,168

)

Other (income), net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(3,111

)

Income before income taxes

 

 

 

 

 

 

 

 

 

 

 

 

 

$

186,223

 

 

 

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

 

 

 

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:

 

 

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.

 

 

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