---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-065962"
form_type: "8-K"
ticker: "AEO"
cik: "0000919012"
company_name: "AMERICAN EAGLE OUTFITTERS INC"
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:51:43.334310+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AEO Q1 FY2024: record revenue $1.1B, operating profit $78M beats guidance

## Summary
- Record Q1 revenue $1.1B (+6% YoY); Aerie revenue $373M (+4%) with comps up 6%; American Eagle revenue $725M (+8%) with comps up 7%.
- Operating income $78M vs $23M GAAP prior year (up 240% YoY); operating margin 6.8% expanded 270 bps.
- Diluted EPS $0.34; gross margin 40.6% expanded 240 bps driven by inventory management and lower costs.
- FY2024 operating income guidance reaffirmed $445-465M; Q2 operating income expected $95-100M.
- Repurchased 1.5M shares for ~$35M; paid quarterly dividend $0.125/share; ending inventory $681M up 9%.

## SEC filing metadata
- accession: 0000950170-24-065962
- form_type: 8-K
- ticker: AEO
- cik: 0000919012
- company_name: AMERICAN EAGLE OUTFITTERS INC
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/919012/000095017024065962/0000950170-24-065962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/919012/000095017024065962/aeo-20240529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-065962
- JSON: https://secwatch.observer/filing/0000950170-24-065962.json
- Plain text: https://secwatch.observer/filing/0000950170-24-065962.txt

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