As of Feb. 1, American Eagle Outfitters operated a total of 1,186 stores.
American Eagle Outfitters reported profit and comparative sales gains for the holiday quarter, but echoed other retailers in saying that consumer demand was slowing.
“Entering 2025, the first quarter is off to a slower start than expected, reflecting less robust demand and colder weather,” stated Jay Schottenstein, executive chairman and CEO, in the company’s earnings release. “While we anticipate improvement as the spring season gets underway, we are also taking proactive steps to strengthen the top-line, manage inventory and reduce expenses. As we navigate through an uncertain consumer and operating landscape, we will also remain focused on our long-term strategic priorities.”
On the earnings call, Schottenstein addressed consumers’ uncertainty about not only tariffs and inflation but also the cut-off of programs as they question how it will affect them.
The apparel retailer’s net income totaled $104 million, or $0.54 per share, for the quarter ended Feb. 1, compared with $6.31 million, or $0.03 per share, in the year-ago period. Analysts has expected earnings of $0.51 per share. (The prior year’s results were negatively impacted by $131 million impairment and restructuring charges.)
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