American Eagle Outfitters has seen record sales in its fiscal first quarter, one bolstered by its Aerie label.
The multi-brand retailer recorded $1.2 billion in revenue, up 10 per cent year-on-year, at an operating profit of $28 million. Aerie, an activewear and loungewear brand, grew its sales by 25 per cent on the previous year.
“We entered 2026 with strong momentum, delivering double-digit top-line growth and operating income ahead of guidance,” Jay Schottenstein, executive chairman and CEO of American Eagle Outfitters, said.
“This quarter reflected the strength of our portfolio and the power of Aerie.”
The American Eagle label took a hit, however, with comparable sales declining by 2 per cent. Across the group, gross profit rose 41 per cent to $456 million, up from $322 million year on year, and inventory increased 27 per cent to $817 million.
“While results at American Eagle were mixed, our teams are moving decisively to reignite the women’s business and strengthen product execution and brand positioning,” Schottenstein added.
“Looking ahead, our priorities are clear. Despite continued consumer and macroeconomic uncertainty, we remain confident in our ability to navigate near-term headwinds. We are focused on operational excellence and disciplined execution to drive long-term value for AEO and our shareholders.”
