What Is The American Eagle Outfitters Income Statement

Week Two Assignment

This paper will take an in depth look at the American Eagle Outfitters Incorporated. We will explore the type of products this company sells. Moreover, we will look at the balance sheets, income statements and cash flow statements. This will allow us to see what their net income was for the most recent year, accordingly the amount of revenue earned. The audit work done by the Ernest and Young LLP will be studied. This is a very popular company that has been in business since nineteen seventy-seven. The target age group is fifteen thru twenty-five (Bethel University,2107). American Eagle Product Line

American Eagle Outfitters products include jeans, polos, t-shirt’s, bras, and panties are among their top sellers. The retailer sells denim apparel and casual accessories. They like to operate in malls to appeal to their core group aimed at young men and women ages 15-25 under its American Eagle Outfitters and Aerie brands. Their clothes are made in China, Guatemala, India, United States and Vietnam. As mall traffic has fallen off in recent years, American Eagle Outfitters has moved some of its appeal to online marketing (“American Eagle Outfitters,” 2010). American Eagle Annual Report for 2015

American Eagles Annual Report ends on

The companies’ balance sheets, income statements and cash flow statements, audited by the Ernst and Young LLP for the fiscal year ending January 31, 2015. This audit showed the company to be in sound financial standing. This paper also included the net income and revenue for American Eagle Outfitters Incorporated during the same period. Under the American Eagle and Aerie brands the company operated 1,056 wholly owned stores as of January 31,2015 (Bethel