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Segment Reporting (Tables)

9 Months Ended

Nov. 02, 2024

Segment Reporting [Abstract]

Summary of Reportable Segment Information

Reportable segment information is presented in the following table:

	13 weeks ended								39 weeks ended
	November 2, 2024				October 28, 2023				November 2, 2024				October 28, 2023
	Dollars in thousands
Net Revenue:
American Eagle	$	831,914			$	857,378			$	2,384,295			$	2,295,487
Aerie		410,442				393,042				1,198,741				1,132,537
Total Segment Net Revenue	$	1,242,356			$	1,250,420			$	3,583,036			$	3,428,024
Other		56,562				111,805				169,002				329,480
Intersegment Elimination		(9,824	)			(61,170	)			(28,019	)			(174,645	)
Total Net Revenue	$	1,289,094			$	1,301,055			$	3,724,019			$	3,582,859
Operating Income:
American Eagle	$	147,261			$	184,029			$	431,542			$	418,232
Aerie		88,914				75,850				219,072				188,772
Total Segment Operating Income	$	236,175			$	259,879			$	650,614			$	607,004
Other		(12,593	)			(8,601	)			(37,596	)			(35,250	)
Intersegment Elimination		—				—				—				—
General corporate expenses		(99,932	)			(125,917	)			(310,423	)			(336,998	)
Impairment, restructuring and other charges(1)		(17,561	)			—				(17,561	)			(21,275	)
Total Operating Income	$	106,089			$	125,361			$	285,034			$	213,481
Interest (income), net		(1,246	)			(2,871	)			(5,414	)			(1,229	)
Other (income), net		(895	)			(3,984	)			(4,006	)			(9,446	)
Income before income taxes	$	108,230			$	132,216			$	294,454			$	224,156
Capital Expenditures
American Eagle	$	24,036			$	17,219			$	60,757			$	48,411
Aerie		22,503				9,499				50,119				31,576
Other		3,071				9,760				10,529				21,490
General corporate expenditures		11,112				6,478				36,263				33,438
Total Capital Expenditures	$	60,722			$	42,956			$	157,668			$	134,915

(1) Refer to Note 14, Impairment, Restructuring and Other Charges, to the Consolidated Financial Statements for additional information.

Summary of Geographical Information

The following table presents summarized geographical information:

	13 Weeks Ended								39 weeks ended
	November 2, 2024				October 28, 2023				November 2, 2024				October 28, 2023
	Dollars in thousands
Total net revenue:
United States	$	1,099,482			$	1,114,115			$	3,148,086			$	3,035,573
Foreign (1)		189,612				186,940				575,933				547,286
Total net revenue	$	1,289,094			$	1,301,055			$	3,724,019			$	3,582,859

(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.

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(1))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
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