Investor Presentaiton
Key Highlights (unaudited)
SECOND QUARTER
TOTAL NET REVENUE CHANGE
GROSS MARGIN
SELLING, GENERAL & ADMINISTRATIVE EXPENSES
OPERATING MARGIN
EPS
2022
2021
0%
35%
30.9%
42.1%
25.7%
24.6%
1.2%
14.1%
$0.04*
$0.60*
*Reflects adjusted earnings per share. GAAP EPS of ($0.24) includes $0.28 of debt related charges this year. GAAP EPS of $0.58
last year includes $0.02 of amortization of the non-cash discount on the Company's convertible notes.
Inventory Data (unaudited)
(in thousands)
July 30, 2022
July 31, 2021
ENDING INVENTORY
$687,046
ENDING INVENTORY % CHANGE TO PRIOR YEAR
36%
ENDING INVENTORY UNIT % CHANGE TO PRIOR YEAR
22%
QUARTERLY INVENTORY TURN(1)
1.21
$503,507
20%
9%
1.43
(1) Inventory turn is calculated as the total GAAP cost of goods sold for the quarterly periods divided by the straight
average of the beginning and ending inventory balances from the consolidated balance sheets.
AEO INC.View entire presentation