---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-010794"
form_type: "8-K"
ticker: "AEO"
cik: "0000919012"
company_name: "AMERICAN EAGLE OUTFITTERS INC"
filed_at: "2022-05-26T23:59:59+00:00"
generated_at: "2026-06-25T07:01:37.124212+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# American Eagle Q1 operating income falls 68%; lowers FY outlook

## Summary
- Q1 EPS $0.16; gross margin 36.8% vs 42.2%; higher freight cost impacted margin by ~340 bps.
- Revenue $1.055B (+2%); Aerie +8% to $322M, American Eagle -6% to $686M; digital sales -6%.
- Operating income $42M vs $133M; supply chain acquisitions contributed 3pp to revenue but $12M loss.
- Inventory up 46% to $682M; management plans to clear excess spring goods in Q2.
- FY operating profit expected above $314M (fiscal 2019) with low single-digit revenue growth vs FY2021.

## SEC filing metadata
- accession: 0000950170-22-010794
- form_type: 8-K
- ticker: AEO
- cik: 0000919012
- company_name: AMERICAN EAGLE OUTFITTERS INC
- filed_at: 2022-05-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919012/000095017022010794/0000950170-22-010794-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919012/000095017022010794/aeo-20220526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-010794
- JSON: https://secwatch.observer/filing/0000950170-22-010794.json
- Plain text: https://secwatch.observer/filing/0000950170-22-010794.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.