AEO American Eagle Outfitters Inc.
American Eagle Outfitters, Inc., known as American Eagle, is an American lifestyle, clothing, and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company that also owned and operated Silverman's Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, Tennessee. American Eagle Outfitters is also the parent company of Aerie. The brand targets male and female university and high school students, although older adults also wear the brand. There are currently 933 American Eagle Outfitters stores: 109 Aerie stand-alone stores and 4 Tailgate stand-alone stores. In 1977, the first American Eagle Outfitters store opened in Twelve Oaks Mall in Novi, Michigan.
Company profile
Ticker
AEO
Exchange
Website
CEO
Jay Schottenstein
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
TJX Companies • Gap • Nordstrom • Ross Stores • Abercrombie & Fitch • Urban Outfitters • Lands` End • Childrens Place • Stage Stores • Buckle ...
SEC CIK
Corporate docs
IRS number
132721761
AEO stock data
()
Investment data
Securities sold
Number of investors
Calendar
3 Dec 20
19 Jan 21
30 Jan 21
News
Financial summary
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| Annual (USD) | Feb 20 | Feb 19 | Feb 18 | Jan 17 | |
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Financial data from company earnings reports.
| Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 692.36M | 692.36M | 692.36M | 692.36M | 692.36M | 692.36M |
| Cash burn (monthly) | 68.81M | (positive/no burn) | (positive/no burn) | 14.95M | (positive/no burn) | (positive/no burn) |
| Cash used (since last report) | 179.99M | n/a | n/a | 39.1M | n/a | n/a |
| Cash remaining | 512.37M | n/a | n/a | 653.26M | n/a | n/a |
| Runway (months of cash) | 7.4 | n/a | n/a | 43.7 | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 1 Jan 21 | Chandrasekaran Sujatha | Common Stock, without par value | Grant | Aquire A | No | 0 | 1,868 | 0 | 29,290 |
| 1 Jan 21 | Davis Steven A | Share Units Common Stock, without par value | Grant | Aquire A | No | 0 | 1,868 | 0 | 4,398 |
| 1 Jan 21 | Sable David M. | Common Stock, without par value | Grant | Aquire A | No | 0 | 1,868 | 0 | 27,881 |
| 30 Dec 20 | Davis Steven A | Share Units Common Stock, without par value | Grant | Aquire A | No | 0 | 17 | 0 | 2,530 |
| 30 Dec 20 | Sable David M. | Share Units Common Stock, without par value | Grant | Aquire A | No | 0 | 279 | 0 | 41,175 |
| 30 Dec 20 | Michael R Rempell | Dividend Equivalent Rights Common Stock, without par value | Grant | Aquire A | No | 0 | 1,179 | 0 | 3,704 |
| 30 Dec 20 | Andrew J. McLean | Dividend Equivalent Rights Common Stock, without par value | Grant | Aquire A | No | 0 | 785 | 0 | 3,007 |
Institutional ownership Q3 2020
13F holders |
Current |
|---|---|
| Total holders | 270 |
| Opened positions | 45 |
| Closed positions | 43 |
| Increased positions | 69 |
| Reduced positions | 116 |
13F shares |
Current |
|---|---|
| Total value | 3.94B |
| Total shares | 188.97M |
| Total puts | 4.02M |
| Total calls | 10.27M |
| Total put/call ratio | 0.4 |
Largest owners |
Shares | Value |
|---|---|---|
| BLK Blackrock | 16.5M | $244.44M |
| Vanguard | 13.15M | $194.82M |
| Melvin Capital Management | 12M | $177.72M |
| Cooke & Bieler | 11.17M | $165.44M |
| FMR | 9.25M | $137.05M |
| Dimensional Fund Advisors | 8.96M | $132.71M |
| Atreides Management | 6.87M | $101.71M |
| GS Goldman Sachs | 5.25M | $77.71M |
| STT State Street | 5.11M | $75.75M |
| MCQEF Macquarie | 4.88M | $72.33M |
Financial report summary
?Competition
ASKManagement Discussion
- Our business is affected by the pattern of seasonality common to most retail apparel businesses. Additionally, during the 13 and 39 weeks ended October 31, 2020, our results of operations were materially impacted by the effects of COVID-19.
- Third quarter revenue strengthened as stores successfully reopened, the digital channel continued to accelerate and Aerie posted strong growth. Operational disciplines, inventory optimization and reduced spending resulted in sequential improvement in operating earnings and positive cash flow in the third quarter, fortifying our financial position, ending the quarter with $692.4 million in cash and cash equivalents. The results for the current and prior periods are not necessarily indicative of future financial results.
- This results of operations section contains non-GAAP financial measures (“non-GAAP” or “adjusted”), comprised of earnings per share information excluding non-GAAP items. This financial measure is not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and is not necessarily comparable to
Content analysis
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New words:
benchmark, equivalent, full, placement, preceding, recommended, reliance, resurgence, scheduled, unvested
Financial reports
10-Q
2020 Q3
Quarterly report
3 Dec 20
10-Q
2020 Q2
Quarterly report
9 Sep 20
10-Q
2020 Q1
Quarterly report
4 Jun 20
10-K
2019 FY
Annual report
12 Mar 20
10-Q
2019 Q3
Quarterly report
11 Dec 19
10-Q
2019 Q2
Quarterly report
5 Sep 19
10-Q
2019 Q1
Quarterly report
6 Jun 19
10-K
2019 FY
Annual report
14 Mar 19
10-Q
2018 Q3
Quarterly report
12 Dec 18
10-Q
2018 Q2
Quarterly report
30 Aug 18
Current reports
8-K
American Eagle Outfitters Reports Third Quarter Results
30 Nov 20
8-K
Departure of Directors or Certain Officers
30 Sep 20
8-K
American Eagle Outfitters Reports Second Quarter Results
11 Sep 20
8-K
Departure of Directors or Certain Officers
9 Jun 20
8-K
American Eagle Outfitters Reports First Quarter Results
5 Jun 20
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
4 May 20
8-K
Entry into a Material Definitive Agreement
28 Apr 20
8-K
American Eagle Outfitters, Inc. Announces Pricing of $400 Million Private Offering of Convertible Senior Notes Due 2025
23 Apr 20
8-K
American Eagle Outfitters, Inc. Announces Proposed Private Offering of Convertible Senior Notes Due 2025
22 Apr 20
8-K
Aeo Inc. Names Mike Mathias Evp, Chief Financial Officer
22 Apr 20
Registration and prospectus
S-8
Registration of securities for employees
4 Jun 20
S-8
Registration of securities for employees
23 May 17
D
$3.09M in equity, sold $3.09M, 3 investors
16 Nov 15
S-8
Registration of securities for employees
26 Jun 14
S-8
Registration of securities for employees
1 Sep 09
25
Voluntary exchange delisting
7 Mar 07
8-A12B
Registration of securities on exchange
28 Feb 07
15-15D
Suspension of duty to report
7 Dec 06
S-8 POS
Registration of securities for employees (post-effective amendment)
7 Dec 06
S-8
Registration of securities for employees
30 Jun 05
Proxies
DEFA14A
Additional proxy soliciting materials
22 Apr 20
DEF 14A
Definitive proxy
22 Apr 20
DEFA14A
Additional proxy soliciting materials
24 Apr 19
DEF 14A
Definitive proxy
24 Apr 19
DEFA14A
Additional proxy soliciting materials
25 Apr 18
DEF 14A
Definitive proxy
25 Apr 18
DEF 14A
Definitive proxy
12 Apr 17
DEFA14A
Additional proxy soliciting materials
12 Apr 17
DEF 14A
Definitive proxy
18 Apr 16
DEFA14A
Additional proxy soliciting materials
18 Apr 16
Other
SD
Conflict minerals disclosure
27 May 20
SD
Conflict minerals disclosure
24 May 19
CT ORDER
Confidential treatment order
27 Feb 19
SD
Conflict minerals disclosure
25 May 18
SD
Conflict minerals disclosure
26 May 17
SD
Conflict minerals disclosure
24 May 16
SD
Conflict minerals disclosure
29 May 15
CT ORDER
Confidential treatment order
24 Dec 14
SD
Conflict minerals disclosure
2 Jun 14
UPLOAD
Letter from SEC
22 Jan 14
Ownership
4
AMERICAN EAGLE OUTFITTERS / Stacy Siegal ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / JAY L SCHOTTENSTEIN ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Michael R Rempell ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Andrew J. McLean ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Michael A. Mathias ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Charles F Kessler ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / James H Keefer JR ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Jennifer M. Foyle ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Sujatha Chandrasekaran ownership change
4 Jan 21
4
AMERICAN EAGLE OUTFITTERS / Noel Joseph Spiegel ownership change
4 Jan 21