American Eagle Outfitters, Inc. Reports First Quarter Fiscal 2026 Results

American Eagle Outfitters, Inc. announced its first quarter fiscal 2026 financial results, reporting a record revenue of $1.2 billion, a 10% increase year-over-year. The Aerie brand achieved record first quarter revenue with comparable sales up 25%, surpassing $2 billion in trailing 12-month revenue. Operating profit for the quarter was $28 million, exceeding guidance. The company reiterated its fiscal 2026 operating income guidance of $390 to $410 million. Total net revenue increased by 10% to $1.2 billion, with comparable sales up 8%. Aerie comparable sales grew by 25%, while American Eagle comparable sales decreased by 2%. Gross profit rose to $456 million, with a gross margin of 38.2%, an increase of 860 basis points. Selling, general, and administrative expenses were $376 million. The company repurchased 3 million shares for $53 million and returned $21 million to shareholders through dividends.