| Summary of Reportable Segment Information |
Reportable segment information is presented in the following table:
|
|
|
|
|
|
|
|
|
13 weeks ended |
|
|
May 4, 2024 |
|
|
April 29, 2023 |
|
Net Revenue: |
|
|
|
|
|
American Eagle |
$ |
724,744 |
|
|
$ |
671,092 |
|
Aerie |
$ |
372,652 |
|
|
$ |
359,082 |
|
Total Segment Net Revenue |
$ |
1,097,396 |
|
|
$ |
1,030,174 |
|
Other |
$ |
54,984 |
|
|
$ |
109,357 |
|
Intersegment Elimination |
$ |
(8,513 |
) |
|
$ |
(58,605 |
) |
Total Net Revenue |
$ |
1,143,867 |
|
|
$ |
1,080,926 |
|
|
|
|
|
|
|
Operating Income: |
|
|
|
|
|
American Eagle |
$ |
138,585 |
|
|
$ |
107,167 |
|
Aerie |
$ |
61,327 |
|
|
$ |
56,604 |
|
Total Segment Operating Income |
$ |
199,912 |
|
|
$ |
163,771 |
|
Other |
$ |
(14,848 |
) |
|
$ |
(16,307 |
) |
Intersegment Elimination |
$ |
- |
|
|
$ |
- |
|
General corporate expenses |
$ |
(107,228 |
) |
|
$ |
(103,358 |
) |
Impairment, restructuring and other charges(1) |
$ |
- |
|
|
$ |
(21,275 |
) |
Total Operating Income |
$ |
77,836 |
|
|
$ |
22,831 |
|
|
|
|
|
|
|
Interest (income) expense, net |
$ |
(3,439 |
) |
|
$ |
690 |
|
Other (income) expense, net |
$ |
(1,396 |
) |
|
$ |
(3,311 |
) |
Income before income taxes |
$ |
82,671 |
|
|
$ |
25,452 |
|
|
|
|
|
|
|
Capital Expenditures |
|
|
|
|
|
American Eagle |
$ |
12,634 |
|
|
$ |
14,943 |
|
Aerie |
$ |
11,741 |
|
|
$ |
11,188 |
|
Other |
$ |
2,864 |
|
|
$ |
5,577 |
|
General corporate expenditures |
$ |
8,970 |
|
|
$ |
14,149 |
|
Total Capital Expenditures |
$ |
36,209 |
|
|
$ |
45,857 |
|
(1) Refer to Note 13 to the Consolidated Financial Statements for additional information.
|
| Summary of Geographical Information |
The following table presents summarized geographical information:
|
|
|
|
|
|
|
|
|
13 Weeks Ended |
|
(In thousands) |
May 4, 2024 |
|
|
April 29, 2023 |
|
Total net revenue: |
|
|
|
|
|
United States |
$ |
952,685 |
|
|
$ |
914,391 |
|
Foreign (1) |
|
191,182 |
|
|
|
166,535 |
|
Total net revenue |
$ |
1,143,867 |
|
|
$ |
1,080,926 |
|
(1) Amounts represent sales from American Eagle and Aerie international retail stores, e-commerce sales that are billed to and/or shipped to foreign countries and international franchise royalty revenue. |