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AMERICAN EAGLE OUTFITTERS INC

For the period ended Jan 31, 2026. Filed Mar 30, 2026.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2026 · Filed Mar 30, 2026

AEO$21.48-1.2%Stored close · as of Nov 10, 2026

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Contents

Property and Equipment, Net

  1. Property and Equipment, Net

Property and equipment, net consists of the following:

Fiscal Years Ending
January 31,February 1,
(In thousands)20262025
Land$17,910$17,910
Buildings228,633228,390
Leasehold improvements954,697890,155
Fixtures and equipment1,405,6781,432,344
Construction in progress102,0272,486
Property and equipment, at cost$2,708,945$2,571,285
Less: Accumulated depreciation(1,923,323)(1,820,021)
Property and equipment, net$785,622$751,264

Refer to Note 9, Leases to the Consolidated Financial Statements included herein for additional information regarding property and equipment acquired under finance leases.

Depreciation expense is as follows:

Fiscal Years Ending
January 31,February 1,February 3,
(In thousands)202620252024
Depreciation expense$215,710$216,093$230,833

Depreciation expense included depreciation for assets acquired under finance leases of $10.5 million, $7.0 million, and $1.9 million for Fiscal 2025, Fiscal 2024, and Fiscal 2023, respectively. Additionally, during Fiscal 2025, Fiscal 2024 and Fiscal 2023, the Company recorded$4.7 million, $5.1 million, and $3.6 million, respectively, related to asset write-offs within depreciation and amortization expense.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.