American Eagle opened the doors to its new store in Northshore Mall in Boston, MA on July, 26, 2018. Key features include an updated denim wall, more room for socialization, and a creative “workshop” feel centered around customization. The social spaces provide the customer with the opportunity to express themselves in our stores and personalization opportunities allow customers to take what we make and make it their own.

PITTSBURGH–(BUSINESS WIRE)– American Eagle Outfitters, Inc. (NYSE: AEO) today reported EPS of $0.22 for the quarter ended May 5, 2018, compared to $0.14 for the quarter ended April 29, 2017. Excluding restructuring charges of $0.01, the company’s adjusted EPS increased 44% to $0.23, compared to adjusted EPS of $0.16 last year.

Adjusted amounts are based on Non-GAAP results, as presented in the accompanying GAAP to Non-GAAP reconciliation.

First Quarter 2018 Results

• Total net revenue increased 8% to $823 million compared to $762 million last year.
• Consolidated comparable sales increased 9% over the comparable period ending May 6, 2017.
• By brand, American Eagle’s comparable sales increased 4% and Aerie’s comparable sales increased 38%.
• Gross profit increased 10% to $304 million from $278 million. The gross margin rate increased 50 basis points to 37.0% of revenue compared to 36.5% last year, reflecting rent leverage and a favorable markdown rate, partially offset by increased digital delivery expense.
• Selling, general and administrative expense of $210 million leveraged 10 basis points to 25.5% as a rate to revenue due to strong comparable sales. Higher store compensation and incentive expense drove the majority of the increase from $195 million last year.
• Depreciation expense increased 4% to $42 million from $40 million last year, leveraging 20 basis points to 5.1% as a rate to revenue.
• Operating income of $51 million, which includes $1.6 million of restructuring charges, compared to $37 million last year. Adjusted operating income increased 23% to $52 million from $42 million last year, leveraging 80 basis points to 6.4% as a rate to revenue.
• EPS of $0.22 increased 57% compared to EPS of $0.14 last year. Adjusted EPS of $0.23 increased 44% compared to adjusted EPS of $0.16 last year.

Jay Schottenstein, AEO’s Chief Executive Officer commented, “I’m very pleased to see our momentum continue. The first quarter marked our 13th consecutive quarter of positive comparable sales, leading to an increased operating margin and earnings growth, which exceeded our expectations. American Eagle leveraged strong brand equity and its dominant jeans business to deliver comparable sales gains across brick and mortar stores and e-commerce. After starting a body positivity movement, Aerie is posting record growth rates and striking a real emotional connection with its expanding customer base. We are highly focused on our strategic plan, centered on expanding American Eagle, accelerating Aerie’s growth, elevating the customer experience and delivering strong financial returns.”

Restructuring Charges

In the first quarter, the company incurred restructuring charges primarily related to corporate severance, totaling $1.6 million, or approximately $0.01 per share.

Inventory

Total ending inventories at cost increased 11% to $404 million, in line with the company’s expectations. The increase reflected the company’s clearance store strategy and the support of strong sales trends in American Eagle and Aerie. Looking forward, we expect second quarter ending inventory to be up in the high-single digits.

Capital Expenditures

In the first quarter, capital expenditures totaled $47 million, with more than half related to store remodeling projects and new openings, and the balance to support the digital business, omni-channel tools and general corporate maintenance.

Shareholder Returns, Cash and Investments

During the first quarter, the company returned $69 million to shareholders through cash dividends and share repurchases. We repurchased 2.3 million shares for $45 million and paid dividends of $24 million. As a result of strong free cash flow, we ended the quarter with total cash and investments of $310 million compared to $225 million last year.

Store Information

During the quarter, the company opened 4 American Eagle stores and closed 2, ending with 935 American Eagle stores, including 118 Aerie side-by-side locations. Additionally, the company opened 1 Aerie stand-alone store and closed 1, ending with 109 Aerie stand-alone stores. Internationally, the company ended the quarter with 217 licensed stores. For additional store information, see the accompanying table.

Second Quarter Outlook

Based on an anticipated comparable sales increase in the mid-single digits, management expects second quarter 2018 EPS to be approximately $0.27 to $0.29. This guidance excludes potential asset impairment and restructuring charges. Last year’s second quarter reported EPS of $0.12 included approximately $0.07 per share of restructuring and related charges. Excluding these items, last year’s second quarter adjusted EPS was $0.19. See the accompanying table for the GAAP to Non-GAAP reconciliation.

Conference Call and Supplemental Financial Information

Today, management will host a conference call and real time webcast at 9:00 a.m. Eastern Time. To listen to the call, dial 1-877-407-0789 or internationally dial 1-201-689-8562 or go to http://investors.ae.com to access the webcast and audio replay. Additionally, a financial results presentation is posted on the company’s website.

Non-GAAP Measures

This press release includes information on non-GAAP financial measures (“non-GAAP” or “adjusted”), including earnings per share information and the consolidated results of operations excluding non-GAAP items. These financial measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies. Management believes that this non-GAAP information is useful for an alternate presentation of the company’s performance, when reviewed in conjunction with the company’s GAAP financial statements. These amounts are not determined in accordance with GAAP and therefore, should not be used exclusively in evaluating the company’s business and operations.

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at more than 200 international locations operated by licensees in 24 countries. For more information, please visit www.ae.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This release and related statements by management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), which represent our expectations or beliefs concerning future events, including second quarter 2018 results. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on many important factors, some of which may be beyond the company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “potential,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise and even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. The following factors, in addition to the risks disclosed in Item 1A., Risk Factors, of the company’s Annual Report on Form 10-K for the fiscal year ended February 3, 2018 and in any subsequently-filed Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission in some cases have affected, and in the future could affect, the company’s financial performance and could cause actual results for second quarter 2018 and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this release or otherwise made by management: the risk that the company’s operating, financial and capital plans may not be achieved; our inability to anticipate customer demand and changing fashion trends and to manage our inventory commensurately; seasonality of our business; our inability to achieve planned store financial performance; our inability to react to raw material cost, labor and energy cost increases; our inability to gain market share in the face of declining shopping center traffic; our inability to respond to changes in e-commerce and leverage omni-channel demands; our inability to expand internationally; difficulty with our international merchandise sourcing strategies; challenges with information technology systems, including safeguarding against security breaches; and changes in global economic and financial conditions, and the resulting impact on consumer confidence and consumer spending, as well as other changes in consumer discretionary spending habits, which could have a material adverse effect on our business, results of operations and liquidity.

PITTSBURGH–(BUSINESS WIRE)– American Eagle Outfitters, Inc. (NYSE: AEO) is proud to announce its sixth annual AEO “Better World Community Day” taking place on Friday, May 11, 2018. More than 1,500 associates from American Eagle Outfitters’ corporate offices and distribution centers, will volunteer their time and give back to local communities in Pittsburgh, New York City, San Francisco, Hazleton (PA), and Ottawa (KS), as well as internationally in Hong Kong, China, Mexico and Canada.

Associates from AEO’s Corporate Headquarters in Pittsburgh, will partner with local nonprofits in the Greater Pittsburgh area to take part in a variety of charitable activities. Organized by Pittsburgh Cares, some of these projects will include:

• Bike Buddies:Volunteers will assist students from Arlington Elementary School to build a bike of their own and help teach bike safety. Location: 77 Hot Metal Street, Pittsburgh
• 412 Food Rescue: Volunteers will pack take-home bags of various food items and deliver them directly to nearby schools as part of the “Backpack Project.” This program provides food on Fridays for students who do not have enough to eat at home over the weekend. Location: 77 Hot Metal Street, Pittsburgh
• Clean-Up Paddle:In partnership with Venture Outdoors and Kayak Pittsburgh, volunteers will kayak and pick up trash along the banks of the Allegheny River. Location: North Shore near PNC Park / 1 Federal Street, Pittsburgh
• Bring Back the Bees: Working with Burgh Bees, Pittsburgh’s only community apiary, volunteers will create garden beds, build native pollinator bee boxes and learn about the importance of bees in our ecosystem. Location: 6933 Susquehanna Street, Pittsburgh
• Weird Science:Volunteers will accompany first grade students from Manchester Academic Charter School on a field trip to the Carnegie Science Center. Location: Carnegie Science Center / 1 Allegheny Avenue, Pittsburgh
• Go Back to Camp: Volunteers will landscape, work on trail bridges, and paint and split logs at Camp Guyasuta to ensure the site is ready for student campers over the summer. Location: 300 23^rd Street Ext., Sharpsburg, PA
• Providing a Home Away from Home: In partnership with Family House, volunteers will prepare breakfast for residents, landscape and beautify the grounds. Location: 5245 Centre Avenue, Pittsburgh
• Get Growing: Volunteers will work alongside students from Mars Home for Youth to prepare garden beds and new outdoor learning experiences. Location: 521 Route 228, Mars, PA

In total, AEO associates will partner with more than 35 nonprofit organizations across the globe. AEO will provide a charitable contribution to each participating organization.

“Community Day is a tradition that our associates look forward to every year,” said Fred Grover, Executive Vice President, AEO Corporation and President of the American Eagle Outfitters Foundation. “Giving back is part of AEO’s corporate culture, and volunteering in a meaningful way enriches the communities where we operate.”

AEO and the AEO Foundation are committed to ensuring the communities where it has a corporate presence are vibrant places to live, work and play.

• Since the launch of the first Community Day in 2013, AEO associates have logged more than 20,000 volunteer hours during this annual day of service.
• Last year, AEO donated nearly $3 million to charities that support causes such as youth empowerment and education, young women’s health, equality and the environment.
• AEO encourages its associates to give back on a continual basis with volunteer time off, service grants and group volunteer activities.
• Additionally, AEO’s field teams engage with their local communities through volunteerism and a grant program that offers a $2,500 contribution to an organization of its choosing, in each of the 100 districts across the U.S., Canada and Mexico.

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at more than 200 international locations operated by licensees in 25 countries. For more information, please visit www.ae.com.

PITTSBURGH–(BUSINESS WIRE)– American Eagle Outfitters, Inc. (NYSE: AEO) today announced the appointment of Suja Chandrasekaran to the company’s board of directors as an independent director, effective Monday, March 19, 2018. Ms. Chandrasekaran brings extensive experience in retail and consumer products industries to the AEO board, drawing upon past executive leadership positions at Walmart Stores Inc., The Timberland Company, as well as her current leadership role at Kimberly-Clark. Her appointment returns the AEO board to seven members.

“Suja brings vast information and digital technology expertise and a wealth of leadership experience in the global retail and consumer industries to our team. We are excited to welcome her to the board and look forward to her insights and fresh perspective as we continue our strong momentum and further enhance our customer connectivity and digital capabilities,” said Jay Schottenstein, Executive Chairman of the Board and Chief Executive Officer of American Eagle Outfitters, Inc.

The depth of Ms. Chandrasekaran’s background includes serving in executive leadership positions for several consumer retailers including Senior VP/Global Chief Technology and Data Officer at Walmart Stores Inc., Senior VP/Global Chief Information Officer at The Timberland Company, and C-level roles leading technology at PepsiCo and Nestle. Presently, she is Chief Information Officer at Kimberly-Clark, one of the world’s leading consumer packaged goods business. She also serves on the board of directors of Symphony Technology Group.

Ms. Chandrasekaran holds a Bachelor of Engineering from the University of Madras, India and a Master of Business Systems from Monash University in Melbourne, Australia. She has executive development education from London Business School.

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at more than 200 international locations operated by licensees in 25 countries. For more information, please visit www.ae.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This release and related statements by management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), which represent our expectations or beliefs concerning future events, including Fiscal 2018 results. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on many important factors, some of which may be beyond the company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “potential,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise and even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. The following factors, in addition to the risks disclosed in Item 1A., Risk Factors, of the company’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 and in any subsequently-filed Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission in some cases have affected, and in the future could affect, the company’s financial performance and could cause actual results for Fiscal 2018 and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this release or otherwise made by management: the risk that the company’s operating, financial and capital plans may not be achieved; our inability to anticipate customer demand and changing fashion trends and to manage our inventory commensurately; seasonality of our business; our inability to achieve planned store financial performance; our inability to react to raw material cost, labor and energy cost increases; our inability to gain market share in the face of declining shopping center traffic; our inability to respond to changes in e-commerce and leverage omni-channel demands; our inability to expand internationally; difficulty with our international merchandise sourcing strategies; challenges with information technology systems, including safeguarding against security breaches; and changes in global economic and financial conditions, and the resulting impact on consumer confidence and consumer spending, as well as other changes in consumer discretionary spending habits, which could have a material adverse effect on our business, results of operations and liquidity.

PITTSBURGH–(BUSINESS WIRE)– American Eagle Outfitters, Inc. (NYSE:AEO) today reported EPS for the 14 weeks ended February 3, 2018 of $0.52, compared to $0.30 for the 13 weeks ended January 28, 2017. For the same periods, adjusted EPS was $0.44, which excludes $0.08 of tax benefit discussed below. This compares to adjusted EPS of $0.39 last year, which excluded $0.09 of charges. Adjusted EPS for the quarter increased 13% compared to last year.

For the 53 weeks ended February 3, 2018, the company reported EPS of $1.13, compared to $1.16 for the 52 weeks ended January 28, 2017. For the same periods, adjusted EPS of $1.16 excludes $0.08 of tax benefit discussed below, and $0.11 of restructuring and related charges. This compares to adjusted EPS of $1.25 last year, which excluded $0.09 of charges. The EPS figures refer to diluted earnings per share.

Jay Schottenstein, AEO’s Chief Executive Officer, commented, “I’m pleased that we ended 2017 with a strong quarter, achieving record sales and an EPS increase over last year. In the fourth quarter we saw an acceleration in sales, continued sequential margin improvement and EPS growth that was on the high end of our guidance. The digital business continued its exceptional growth, rising over 20% in the quarter, and we were encouraged with improved brick and mortar trends, delivering positive sales comps in both American Eagle and Aerie stores.”

“Looking ahead to 2018, our brands are well‐positioned for growth. American Eagle is a true leader in specialty apparel, with one of the strongest jeans brands in the market, and Aerie is one of the fastest growing lifestyle brands. We started the spring season with positive momentum, positioning us well for strong results in 2018. The dividend increase we announced today reflects confidence in our business, strong free cash flow and our continued commitment to delivering returns to shareholders,” Schottenstein continued.

Adjusted amounts are based on Non-GAAP results, as presented in the accompanying GAAP to Non-GAAP reconciliation.

Fourth Quarter 2017 Results

• Total net revenue for the 14 weeks increased 12% to $1.23 billion compared to $1.10 billion for the 13 week period last year.The 53^rd week provided an additional $43 million of sales.
• Consolidated comparable sales for the 14 weeks increased 8% over the comparable 14 week period last year.
• Gross profit increased to $425 million from $389 million. The gross margin rate decreased 80 basis points to 34.6% of revenue compared to 35.4% last year. The reduction in margin rate reflects higher promotional activity. Additionally, increased shipping costs and higher compensation were offset by rent leverage.
• Selling, general and administrative expense of $264 million leveraged 60 basis points to 21.5% as a rate to revenue. Increased store salaries, due to a strong holiday season and the extra week, and higher incentive compensation drove the dollar increase from $242 million last year.
• Operating income of $116 million includes $2 million of restructuring charges. Adjusted operating income increased 10% to $118 million from $107 million last year, deleveraging 20 basis points to 9.6% as a rate to revenue.
• Adjusted EPS of $0.44 increased 13% compared to adjusted EPS of $0.39 last year.

Fiscal Year 2017 Results

• Total net revenue for the 53 weeks increased 5% to $3.80 billion compared to $3.61 billion for the 52 week period last year.
• Consolidated comparable sales for the 53 weeks increased 4% over the comparable 53 week period last year.
• Gross profit was up slightly to $1.37 billion, or 36.1% as a rate to revenue. Excluding $2 million of restructuring charges, adjusted gross profit as a rate to revenue was 36.2% and deleveraged 170 basis points to last year. The reduction in margin rate was primarily due to higher promotional activity. Additionally, increased delivery to support a strong digital business was offset by rent leverage.
• Selling, general and administrative expense of $880 million leveraged 60 basis points to 23.2% as a rate to revenue. Increased salaries and advertising expense drove the dollar increase from $858 million last year.
• Depreciation expense increased 7% to $167 million compared $157 million last year.
• Operating income of $303 million includes $22 million of restructuring and related charges. Adjusted operating income decreased 8% to $325 million from $353 million last year, deleveraging 120 basis points to 8.6%.
• Adjusted EPS of $1.16 decreased 7% compared to adjusted EPS of $1.25 last year.

Income Taxes

As a result of U.S. tax legislation enacted on December 22, 2017 referred to as the Tax Cuts and Jobs Act, the company realized $0.08 per share of tax benefit, which is excluded from adjusted earnings. Specifically, these items relate to:

• Benefit from a lower blended U.S. corporate tax rate in fiscal 2017.
• Net benefit from the re-measurement of deferred tax balances and the one-time transition tax on un-repatriated earnings of foreign subsidiaries.
• Benefit from the acceleration of certain deductions into fiscal 2017.

Restructuring and Related Charges

In the fiscal year, the company incurred restructuring and related charges totaling $30 million, or approximately $0.11 per share. This consisted primarily of charges related to the closure or conversion of international owned and operated stores to licensed partnerships, home office restructuring activities and charges related to the planned exit of a joint business venture.

Inventory

Total ending inventories at cost increased 11% to $398 million, reflecting investments in bottoms, women’s tops and Aerie apparel to support strong sales trends.

Capital Expenditures

In 2017, capital expenditures totaled $169 million. For fiscal 2018, the company expects capital expenditures to be in the range of $180 million to $190 million, with more than half related to store remodeling projects and new openings, and the balance to support the digital business, omni-channel tools and general corporate maintenance.

Quarterly Dividend Increase, Shareholder Returns, and Cash

As a result of our strong cash position, positive free cash flow, and the benefits associated with U.S. tax legislation, we are raising the quarterly dividend 10%, to $0.1375 per share. This marks the company’s 55^th consecutive quarterly dividend. The $0.1375 dividend was declared on March 7, 2018 and is payable on April 27, 2018 to stockholders of record at the close of business on April 13, 2018.

During 2017, the company returned $176 million to shareholders through cash dividends and share repurchases. We paid dividends of $89 million and repurchased six million shares for $88 million. The company ended the year with total cash of $414 million, an increase of $35 million compared to the end of 2016.

Store Information

We ended the year with a total of 1,047 stores. During the year, the company opened 15 AE stores and closed 25, ending the year with 933 AE stores, which included 116 Aerie side-by-side locations. Additionally, the company opened 15 Aerie stand alone stores and closed 8, ending the year with 109 Aerie stand alone stores. Internationally, the company ended the year with 214 licensed stores. For additional store information, see the accompanying table.

First Quarter Outlook

Based on an anticipated comparable sales increase in the mid-single digits, management expects first quarter 2018 EPS to be approximately $0.20 to $0.22. This guidance excludes potential asset impairment and restructuring charges. Last year’s first quarter reported EPS of $0.14 included approximately $0.02 per share of restructuring and related charges. Excluding these items, last year’s first quarter adjusted EPS was $0.16. See the accompanying table for the GAAP to Non-GAAP reconciliation.

Conference Call and Supplemental Financial Information

Today, management will host a conference call and real time webcast at 9:00 a.m. Eastern Time. To listen to the call, dial 1-877-407-0789 or internationally dial 1-201-689-8562 or go to http://investors.ae.com to access the webcast and audio replay. Also, a financial results presentation is posted on the company’s website.

Non-GAAP Measures

This press release includes information on non-GAAP financial measures (“non-GAAP” or “adjusted”), including earnings per share information and the consolidated results of operations excluding non-GAAP items. These financial measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies. Management believes that this non-GAAP information is useful for an alternate presentation of the company’s performance, when reviewed in conjunction with the company’s GAAP financial statements. These amounts are not determined in accordance with GAAP and therefore, should not be used exclusively in evaluating the company’s business and operations.

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at more than 200 international locations operated by licensees in 25 countries. For more information, please visit www.ae.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This release and related statements by management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), which represent our expectations or beliefs concerning future events, including Fiscal 2018 results. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on many important factors, some of which may be beyond the company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “potential,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise and even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. The following factors, in addition to the risks disclosed in Item 1A., Risk Factors, of the company’s Annual Report on Form 10-K for the fiscal year ended January 28, 2017 and in any subsequently-filed Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission in some cases have affected, and in the future could affect, the company’s financial performance and could cause actual results for Fiscal 2018 and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this release or otherwise made by management: the risk that the company’s operating, financial and capital plans may not be achieved; our inability to anticipate customer demand and changing fashion trends and to manage our inventory commensurately; seasonality of our business; our inability to achieve planned store financial performance; our inability to react to raw material cost, labor and energy cost increases; our inability to gain market share in the face of declining shopping center traffic; our inability to respond to changes in e-commerce and leverage omni-channel demands; our inability to expand internationally; difficulty with our international merchandise sourcing strategies; challenges with information technology systems, including safeguarding against security breaches; and changes in global economic and financial conditions, and the resulting impact on consumer confidence and consumer spending, as well as other changes in consumer discretionary spending habits, which could have a material adverse effect on our business, results of operations and liquidity.

NEW YORK–(BUSINESS WIRE)– Beginning with its commitment four years ago to stop retouching models, Aerie, a lifestyle brand offering intimates, apparel, activewear, and swimwear, is continuing to support the body positivity movement though its Strong. Beautiful. Me. campaign. The campaign, which supports the National Eating Disorders Association (NEDA), will run in stores and online from February 15 through March 19.

“Aerie has been a wonderful supporter, and we are grateful to be collaborating with them again for the Strong. Beautiful. Me. campaign in honor of National Eating Disorders Awareness Week,” said Claire Mysko, CEO of NEDA. “By championing body diversity, Aerie is encouraging women and girls to live authentically. Body dissatisfaction is a key contributor to the development of eating disorders, and we thank Aerie for helping to create a culture where all kinds of bodies are celebrated.”

Since its inception in 2014, #AerieREAL has grown from a no retouching campaign into a movement focused on female empowerment and embracing your real self.

“We proudly support NEDA’s mission as we stand together to empower women to be their authentic, real selves,” said Jennifer Foyle, Aerie Global Brand President. “The four-year partnership has been an incredibly rewarding and important experience for Aerie, our customers, and our team. We look forward to working with NEDA once again to help women feel confident in their own skin.”

Aerie customers can join the movement and support the partnership in Aerie stores, at Aerie.com and through social media:

• Aerie will sell limited-edition Strong. Beautiful. Me. tees and undies with 100% of sales benefitting NEDA. Purchases can be made both online and in stores.
• During #NEDAwareness Week, February 26 – March 4, Aerie will match customers’ donations made in stores (up to $10,000).
• Customers can participate in exclusive DIY experiences in select stores by making a donation to NEDA.
• Aerie will donate $1 (up to $25,000) to NEDA for every unretouched swim photo shared on social media with #AerieREAL from now until July 4.
• Throughout this year, Aerie will sponsor more than 80 NEDA Walks across the country. Learn more at www.nedawalk.org.

About Aerie

Aerie, a brand of American Eagle Outfitters, Inc., is a lifestyle brand offering intimates, apparel, activewear and swim collections. With the #AerieREAL™ movement, Aerie celebrates its community by advocating for body positivity and the empowerment of all women. Aerie believes in inspiring customers to love their real selves, inside and out. Retouching free since 2014. Visit www.aerie.com to learn more. Let the Real You Shine.™

About AEO, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories, intimates, and personal care products at affordable prices under its American Eagle^® and Aerie^® brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. Merchandise is also available at more than 200 international locations operated by licensees in 24 countries.

About the National Eating Disorders Association

The National Eating Disorders Association (NEDA), headquartered in New York City, is the leading U.S. non-profit organization supporting individuals and families affected by eating disorders. NEDA serves as a catalyst for prevention, cures and access to quality care. Each year, NEDA helps millions of people across the country find information and appropriate treatment resources through its toll-free, live helpline, its many outreach programs and website. NEDA advocates for advancements in the field and envisions a world without eating disorders. For more information, visit www.MyNEDA.org

For Information and Treatment Options, Visit www.MyNEDA.org
Or Contact NEDA’s Live Helpline: 800-931-2237
Monday – Thursday, 9 a.m. – 9 p.m. (EST)
Friday, 9 a.m. – 5 p.m. (EST)

NEW YORK–(BUSINESS WIRE)– Today, Aerie, a lifestyle brand offering intimates, apparel, activewear, and swimwear, expands its #AerieREAL Role Model™ family with the introduction of actress-activist, Yara Shahidi, gold medal gymnast, Aly Raisman, and multi-platinum and award winning singer-songwriter, Rachel Platten. They will join Iskra Lawrence, a leading body positivity activist and the first Aerie Role Model, in the upcoming spring campaign.

Chosen for their influential voices, unique stories and self-made success, the Role Models will also further the Aerie mission of body positivity and women empowerment through Real Talk speaking engagements taking place in Aerie stores. Additionally, this March, exclusive products designed by our Role Models will be offered with 100% of sales benefiting a charity of their choice.

“Yara, Aly, Rachel, and Iskra truly embody AerieREAL and what it means to be strong, confident, and happy in your own skin,” said Jennifer Foyle, Aerie Global Brand President. “At Aerie, we believe in authentic, real beauty and never airbrush our models. Now, more than ever, we want to encourage women everywhere to feel empowered to embrace their own unique qualities and beautiful REAL selves.”

First-hand from the #AerieREAL Role Models:

• “I love supporting causes and movements that help perpetuate this idea of people rising together.” – Yara Shahidi
• “We’ve all been through something that, in the end, will make you a stronger person.” – Aly Raisman
• “In being more vulnerable and having the courage to share my truths even more, I’ve learned that more people feel like that gives them permission to do the same.” – Rachel Platten
• “I couldn’t be more excited for the #AerieREAL Role Model community to grow because we need voices. We need diversity. I want every girl to feel like she has someone to look up to.” – Iskra Lawrence

To hear more, including their powerful stories, inspirational messages and on-set favorites, visit www.aerie.com.

About AEO, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories, intimates, and personal care products at affordable prices under its American Eagle and Aerie brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. Merchandise is also available at more than 200 international locations operated by licensees in 24 countries.

About Aerie

Aerie is a lifestyle brand offering intimates, apparel, activewear and swim collections. With the #AerieREAL™ movement, Aerie celebrates its community by advocating for body positivity and the empowerment of all women. Aerie believes in inspiring customers to love their real selves, inside and out. Retouching free since 2014. Visit www.aerie.com to learn more. Let the Real You Shine.™

PITTSBURGH–(BUSINESS WIRE)– American Eagle Outfitters, Inc. (NYSE:AEO) today announced that fourth quarter comparable sales to date have increased 8%. The company is reiterating its previously issued fourth quarter EPS guidance in the range of $0.42 to $0.44 per diluted share. This compares to Adjusted EPS* of $0.39 last year.

Jay Schottenstein, Chief Executive Officer commented, “We are extremely pleased to report a successful holiday season with record sales and strong momentum across the American Eagle and Aerie brands. Customers responded well to our merchandise offerings, which fueled positive traffic both online and in stores.”

Earnings guidance excludes the impact of tax reform and potential asset impairment and restructuring charges. The company will release fourth quarter and fiscal 2017 results on March 8, 2018 and will host a conference call to review financial results on that date.

*Adjusted amounts are based on Non-GAAP results, as presented in the accompanying GAAP to Non-GAAP reconciliation.

Non-GAAP Measures

This press release includes information on non-GAAP financial measures (“non-GAAP” or “adjusted”), including earnings per share information and the consolidated results of operations excluding non-GAAP items. These financial measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies. The company believes that this non-GAAP information is useful as an additional means for investors to evaluate the company’s operating performance, when reviewed in conjunction with the company’s GAAP financial statements. These amounts are not determined in accordance with GAAP and therefore, should not be used exclusively in evaluating the company’s business and operations.

About American Eagle Outfitters, Inc.

American Eagle Outfitters, Inc. (NYSE: AEO) is a leading global specialty retailer offering high-quality, on-trend clothing, accessories and personal care products at affordable prices under its American Eagle Outfitters® and Aerie® brands. The company operates more than 1,000 stores in the United States, Canada, Mexico, China and Hong Kong, and ships to 81 countries worldwide through its websites. American Eagle Outfitters and Aerie merchandise also is available at more than 200 international locations operated by licensees in 24 countries. For more information, please visit www.ae.com.

“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which represent our expectations or beliefs concerning future events, including fourth quarter 2017 results. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on factors beyond the company’s control. Such factors include, but are not limited to the risk that the company’s operating, financial and capital plans may not be achieved and the risks described in the Risk Factor Section of the company’s Form 10-K and Form 10-Q filed with the Securities and Exchange Commission. Accordingly, the company’s future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if future changes make it clear that projected results expressed or implied will not be realized.