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American Eagle Outfitters 1Q 2026: Revenue $1.2B, EPS $0.14— 10-Q Summary

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American Eagle Outfitters reported first-quarter results for the period ended May 2, 2026, with revenue of $1.195B and diluted EPS of $0.14, reversing a year‑ago loss and delivering improved profitability.

Financial Highlights

  • Revenue was $1.2B, compared with $1.09B in the prior-year quarter; YoY change 9.7%.
  • Net income was $23.5M, compared with $(64.9M) in the prior-year quarter.
  • Diluted EPS was $0.14, compared with $(0.36) in the prior-year quarter.

Business Highlights

  • Total revenue grew 10% year over year to $1.195B, led by a 34% increase at Aerie while the American Eagle brand declined 2%.
  • Digital sales rose 15% and store revenue increased 8%; total comparable sales improved 8% (Aerie +25%, American Eagle -2%).
  • Gross profit increased 41% to $456M and gross margin expanded about 860 basis points, aided by higher sales and prior-year inventory write-downs.
  • Operational activity included opening six stores, remodeling 27, and first-quarter capital expenditures of $61M; the wind-down of Quiet Platforms reduced costs.

Original SEC Filing: AMERICAN EAGLE OUTFITTERS INC [ AEO ] - 10-Q - Jun. 03, 2026

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