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Investor Presentaiton

Historical Financial Information Information - GAAP GAAP Basis (In thousands, except per share amounts and store counts) 2021 Fiscal 2022 Total net revenue Cost of sales, including certain buying, occupancy and warehousing expenses Gross profit Selling, general and administrative expenses Impairment, restructuring and COVID-19 related charges Depreciation and amortization expense Operating income (loss) Debt related charges Interest (income) expense, net Other (income) expense, net Income (loss) before income taxes Provision (benefit) for income taxes Net income (loss) Net income (loss) per basic share Net income (loss) per diluted share (1) Weighted average common shares outstanding - basic Weighted average common shares outstanding - diluted Comparable sales (2) (3) American Eagle brand comparable sales Aerie brand comparable sales Total revenue growth (2) American Eagle brand revenue growth (4) Aerie brand revenue growth (4) Total store count - end of period Weighted gross square feet - end of period Fiscal 2023 2018 2019 2020 Q1 Q2 Q3 Q4 2022 Q1 $ 4,035,720 $ 4,308,212 $ 3,759,113 $ 5,010,785 $ 1,055,037 $ 1,198,124 $ 1,240,583 $1,496,088 $ 4,989,833 $1,080,926 2,548,082 1,487,638 980,610 1,568 168,331 337,129 2,785,911 1,522,301 1,029,412 2,610,966 1,148,147 977,264 3,018,995 667,011 828,107 760,810 1,991,790 388,026 370,017 479,773 988,656 507,432 3,244,585 1,745,248 667,747 413,179 1,222,000 298,755 307,832 311,101 351,408 1,269,095 312,345 80,494 179,050 233,345 279,826 11,944 22,209 22,209 21,275 162,402 166,781 47,369 48,171 51,124 60,233 206,897 56,728 (271,345) 591,065 41,902 14,014 117,548 73,582 247,047 22,831 60,066 4,655 64,721 (3,492) (6,202) 24,610 34,632 4,588 3,421 3,878 2,409 14,297 690 (4,479) (5,731) (3,682) (2,489) (4,444) (1,839) 782 (4,964) (10,465) (3,311) 345,100 83,198 245,278 54,021 (292,273) 558,922 41,758 (47,634) 112,888 71,482 178,494 25,452 (82,999) 139,293 10,018 (5,168) 31,616 16,891 53,358 6,999 $ 261,902 $ 191,257 $ (209,274) $ 419,629 $ 31,740 $ (42,466) $ 81,272 $ 54,591 $ 125,136 $ 18,453 1.48 $ $ 1.47 $ 1.13 1.12 $ $ (1.26) $ 2.50 $ (1.26) $ 2.03 $ 0.19 $ 0.16 $ (0.24) $ 0.44 $ (0.24) $ 0.42 $ 0.29 0.28 $ $ 0.69 $ 0.64 $ 0.09 0.09 176,476 169,711 166,455 168,156 168,460 180,189 186,305 190,621 181,778 194,487 178,035 170,867 166,455 206,529 219,742 180,189 195,776 196,893 205,226 197,160 8% 3% Not provided 30% -5% -9% -9% -6% -7% -1% 5% 0% Not provided 35% -7% -10% -10% -9% -9% -4% 29% 20% Not provided 27% -2% -6% -3% -2% -3% 2% 6% 7% -13% 33% 2% 0% -3% -1% 0% 2% Not provided 3% -21% 30% -6% -8% -11% -8% -8% -2% Not provided 28% 24% 39% 8% 11% 11% 8% 9% 12% 1,055 6,638 1,095 1,078 1,133 1,141 1,160 1,179 1,175 1,175 1,180 6,800 6,739 6,790 7,106 7,144 7,268 7,346 7,237 7,282 (1) (2) (3) (4) In Q1 2022, the Company adopted ASU 2020-06 under the modified retrospective method, which requires the Company to utilize the "if-converted" method of calculated diluted EPS. Comparable sales includes results from Todd Snyder and Unsubscribed brands. Total revenue growth includes results from Todd Snyder and Unsubscribed brands and Quiet Platforms. Comparable sales are calculated for stores and channels open at least one year over the comparable prior year period. In fiscal years following those with 53 weeks, the prior year period is shifted by one week to compare similar calendar weeks. A store is included in comparable sales in the thirteenth month of operation. However, stores that have a gross square footage change of 25% or greater due to a remodel are removed from the comparable sales base, but are included in total sales. These stores are returned to the comparable sales base in the thirteenth month following the remodel. Sales from American Eagle, Aerie, Todd Snyder, and Unsubscribed stores, as well as sales from AEO Direct and other digital channels, are included in total comparable sales. The Company did not provide comparable sales results for fiscal 2020 due to temporary store closures as a result of COVID-19. Prior to fiscal 2018, the Company did not disclose segment information; therefore, growth compared to the prior year is unavailable for fiscal 2018. AEO INC.
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