---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-018192"
form_type: "8-K"
ticker: "AEO"
cik: "0000919012"
company_name: "AMERICAN EAGLE OUTFITTERS INC"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:52:53.813069+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# American Eagle Q2 GAAP EPS -$0.24; pauses dividend; expands cost cuts to $100M

## Summary
- Q2 revenue $1.2B flat YoY; GAAP EPS ($0.24) vs $0.59; adj EPS $0.04; operating income $14M down from $168M.
- Gross margin 30.9% vs 42.1% due to 750bps markdowns and 200bps freight; higher end-of-season selloffs cost $30M.
- Aerie revenue +11% to $372M but comp -6%; American Eagle revenue -8% to $778M with comp -10%.
- Inventory +36% cost; expects Q3 inventory up mid-singles, Q4 down YoY; making progress on right-sizing.
- Pauses $0.18 quarterly dividend; expands annual expense savings target to $100M from $60M; capex guide lowered to ~$250M.

## SEC filing metadata
- accession: 0000950170-22-018192
- form_type: 8-K
- ticker: AEO
- cik: 0000919012
- company_name: AMERICAN EAGLE OUTFITTERS INC
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/919012/000095017022018192/0000950170-22-018192-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919012/000095017022018192/aeo-20220907.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-018192
- JSON: https://secwatch.observer/filing/0000950170-22-018192.json
- Plain text: https://secwatch.observer/filing/0000950170-22-018192.txt

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