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.
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