Filing Flows › American Eagle Outfitters (AEO) › Q1 FY27
American Eagle Outfitters (AEO) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Jun 3, 2026
American Eagle Outfitters (AEO) reported revenue of $1.2B for the first quarter fiscal 2027 (Q1 FY27), +10% from a year earlier and -34% from the quarter before. Operating margin was 2.4%, net earnings $23.5M (2.0% of revenue).
American Eagle Outfitters, Q1 FY27: revenue $1.2B (+10% year over year), operating margin 2.4%, net earnings $23.5M, operating cash flow −$65.2M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -34% | +10% |
| Gross profit | $456M | -30% | +41% |
| Operating profit | $28.2M | -71% | — |
| Net earnings | $23.5M | -73% | — |
| Operating cash flow | −$65.2M | -116% | — |
What changed
Revenue was $1.2B in Q1 FY27, up 10% year over year and down 34% from the previous quarter.
Gross margin was 38.2%, up 8.6 points from Q1 FY26. Operating profit was $0.03B, a 2.4% margin (up 10.2 points year over year). Operating expenses grew 5% against revenue growth of 10%. The fastest-growing cost line was SG&A (+11%). Net earnings were $0.02B. The effective tax rate was 16.9%.
Operating cash flow was −$0.07B. Non-cash charges added back $0.05B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items used $0.16B. Capital expenditures of $0.06B exceeded it, leaving free cash flow of −$0.13B.
Questions
What was American Eagle Outfitters' revenue in the first quarter fiscal 2027?
American Eagle Outfitters (AEO) reported revenue of $1.2B for the first quarter fiscal 2027 (Q1 FY27), +10% from a year earlier and -34% from the quarter before.
Was American Eagle Outfitters profitable in the first quarter fiscal 2027?
Operating profit was $28.2M (2.4% of revenue) and net earnings $23.5M.