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American Eagle Outfitters, Inc. is an American clothing and accessories retailer headquartered at SouthSide Works in Pittsburgh, Pennsylvania. It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc. , a company that also owned and operated Silverman's Menswear.
Sales rose to $1.14 billion, up about 6% from $1.08 billion a year earlier. American Eagle said its continuing to expect full-year operating income in the range of $445 million to $465 million ...
American Eagle has been witnessing sustained momentum across its brands and channels. This led to year-over-year revenue growth of 17% and 15% on a two-year basis in fourth-quarter fiscal 2021.
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Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
Retail ventures. Schottenstein Stores owns stakes in DSW and American Signature Furniture; 15% of American Eagle Outfitters, retail liquidator SB360 Capital Partners, over 50 shopping centers, and 5 factories producing its shoes and furniture.
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