American Eagle Outfitters : Q2 2021 American Eagle Outfitters Inc Earnings Conference Call
09/02/2021 | 08:22am EDT
Second Quarter 2021 Investor Presentation
Safe Harbor Statement Under The Private Securities
Litigation Reform Act Of 1995
This release and related statements by management contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995), which represent our expectations or beliefs concerning future events, including third quarter and fiscal year 2021 results. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on many important factors, some of which may be beyond the company's control. Words such as "estimate," "project," "plan," "believe," "expect," "anticipate," "intend," "potential," and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we undertake no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events or otherwise and even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. The following factors, in addition to the risks disclosed in Item 1A., Risk Factors, of our Annual Report on Form 10-K for the fiscal year ended January 30, 2021 and in any other filings that we may make with the Securities and Exchange Commission in some cases have affected, and in the future could affect, the company's financial performance and could cause actual results for fiscal 2021 and beyond to differ materially from those expressed or implied in any of the forward-looking statements included in this release or otherwise made by management: the negative impacts of the COVID-19 pandemic and related operational disruptions; the risk that the company's operating, financial and capital plans may not be achieved; our inability to anticipate customer demand and changing fashion trends and to manage our inventory commensurately; seasonality of our business; our inability to achieve planned store financial performance; our inability to react to raw material cost, labor and energy cost increases; our inability to gain market share in the face of declining shopping center traffic; our inability to respond to changes in e-commerce and leverage omni-channel demands; our inability to expand internationally; difficulty with our international merchandise sourcing strategies; challenges with information technology systems, including safeguarding against security breaches; and global economic, public health, social, political and financial conditions, and the resulting impact on consumer confidence
and consumer spending, as well as other changes in consumer discretionary spending habits, which could have a material adverse effect on our business,
results of operations and liquidity.
This presentation includes information on non-GAAP financial measures ("non-GAAP" or "adjusted"), including consolidated adjusted operating income and earnings per share, excluding non-GAAP items. These financial measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles ("GAAP") and are not necessarily comparable to similar measures presented by other companies. Non-GAAP information is provided as a supplement to, not as a substitute for, or as superior to, measures of financial performance prepared in accordance with
GAAP. Management believes that this non-GAAP information is useful for an alternate presentation of the company's performance, when reviewed in conjunction with the company's GAAP consolidated financial statements, as it helps identify underlying trends in our business that could otherwise be masked by the effect of the items that we exclude in such non-GAAP measures. Accordingly, we believe that adjusted operating income provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects, and allowing for greater transparency with respect to the key financial metrics used by our management in our financial and operational decision-making.
Unique Brands With Real Customer Connections
We're an American jeans and apparel brand that's true in everything we do. Rooted in authenticity, powered by positivity, and inspired by our community - we welcome all and believe that putting on a really great pair of #AEJEANS gives you the freedom to be true to you.
Dominant American Brand
Jeans Brand - Ages 15-251
Women's Apparel Brand 2
Men's Apparel Brand 2
Million Identified Customers
Piper Sandler Spring 2021 "Taking Stock With Teens"; Data Reflects % of Surveyed Teens Preferring the Brand
Unique Brands With Real Customer Connections
We make intimates, apparel, activewear and swim. Every single thing is designed to make every person feel good. #AerieREAL is about power, positivity, and no retouching. We want everyone to feel comfortable inside and out. Let the real you shineTM.
The Most Exciting Concept In Retail
27 Consecutive Quarters of
$65 Billion Addressable Market Opportunity*
9.5 Million Identified Customers
*U.S. Market Only; Source: NPD; Category Data T12M Through Dec 2019 (Pre-COVID)
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American Eagle Outfitters Inc. published this content on 02 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2021 12:21:02 UTC.