American Eagle Outfitters, Inc.

Filing receipts

“Interest Expense (Income), net 33 13 Weeks Ended Increase/(Decrease) May 2, 2026 May 3, 2025 (In thousands) (In thousands) Interest expense (income), net $ 7,853 $ (219 ) $ (8,072 ) Interest expense (income) as a percentage of net revenue 0.7 % 0.0 % -70 basis points The increase in interest expense (income), net is primarily driven by $7 million of accretion expense related to the Participation Agreement for tariff refund claims.”

“Gross Profit 13 Weeks Ended Increase/(Decrease) May 2, 2026 May 3, 2025 (In thousands) (In thousands) (Percentage) Gross Profit $ 456,172 $ 322,421 $ 133,751 41 % Gross Margin 38.2 % 29.6 % 860 basis points The 41% increase in gross profit was primarily driven by an increase of $138 million in merchandise margin due to higher sales, as well as last year's $75 million inventory write-down of spring and summer merchandise.”

“The increase was primarily the result of a $111 million increase in gross profit driven by increased merchandise margin on the $121 million, or 34%, increase in total net revenue, partially offset by a $12 million increase in buying, occupancy, and warehousing expenses.”