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v3.25.2

Segment Reporting (Tables) | 6 Months Ended
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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 |

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- 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 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -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 + Details
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- 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 -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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