8-K
filed March 7, 2024, 6:59 PM ET
ticker AEO
CIK 0000919012
earnings
confidence high
sentiment positive
materiality 0.85
AEO Q4 revenue record $1.7B +12%; unveils 3-yr plan for ~10% op margin by FY26
AMERICAN EAGLE OUTFITTERS INC
2023-FY EPS reported
$0.86
revenue$5,261,770,000
- Q4 adj op income $141M (8.4% margin, +200bps YoY); adj EPS $0.61 vs $0.03 GAAP on $131M charge.
- Aerie revenue $538M (+16%, comp +13%); American Eagle revenue $1.1B (+11%, comp +6%).
- FY2024 op income guidance $445-465M (rev +2-4%); Q1 guide $65-70M (rev up mid-single digits).
- Powering Profitable Growth targets $5.7-6.0B revenue, ~10% op margin by FY26 (mid-to-high teens op income CAGR).
- Restructuring of Quiet Platforms & intl ops yields ~$20M annualized savings starting 2024.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
AMERICAN EAGLE OUTFITTERS INC reported the fourth quarter ended February 3, 2024 results: revenue $1.7 billion, EPS GAAP diluted earnings per share of $0.03. Guidance initiated.
- Period
- the fourth quarter ended February 3, 2024
- Revenue
- $1.7 billion
- EPS
- GAAP diluted earnings per share of $0.03
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
X-99.1 Exhibit 99.1 AEO Reports Record Fourth Quarter Revenue, Reflecting Momentum Across Brands and Continued Progress On Profit Improvement Initiatives • Record fourth quarter revenue of $1.7 billion rose 12% to last year • Aerie achieved all-time high fourth quarter revenue with comps up 13% • American Eagle comps increased 6% reflecting continued sequential improvement March 7, 2024 PITTSBURGH -- (BUSINESS WIRE) – American Eagle Outfitters, Inc.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
AMERICAN EAGLE OUTFITTERS INC reported the full year fiscal 2023 ended February 3, 2024 results: revenue $5.3 billion, EPS GAAP diluted earnings per share of $0.86. Guidance initiated.
- Period
- the full year fiscal 2023 ended February 3, 2024
- Revenue
- $5.3 billion
- EPS
- GAAP diluted earnings per share of $0.86
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
• Total net revenue of $5.3 billion rose 5%. The 53rd week contributed $57 million or approximately one point to revenue growth in the year.
View on SEC.gov
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