secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN EAGLE OUTFITTERS INC (AEO)
CIK:        0000919012
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0000950170-22-002692
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Eagle reports record FY2021 revenue of $5.0B; guides FY2022 operating profit $550-600M
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- FY2021 revenue $5.0B up 33% vs FY2020 and 16% vs pre-pandemic FY2019; adjusted EPS $2.19.
- Q4 revenue $1.51B up 17% YoY; adjusted EPS $0.35; Aerie revenue $428M up 27%.
- Elevated freight costs $90M in FY2021, $80M in Q4; $60M Q4 air freight from Vietnam closings.
- FY2022 operating profit guidance $550-600M vs FY2021 adjusted $603M; cautious on macro.
- Inventory +37% to $553M; capital expenditures $234M in FY2021; cash $435M after Quiet Logistics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/919012/000095017022002692/0000950170-22-002692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/919012/000095017022002692/aeo-20220302.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-002692

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer