As of Aug 4, 2018, the company operated 1,054 stores in all 50 states, Puerto Rico, Canada, United Kingdom, Mexico, China and Hong Kong comprised of 939 American Eagle stores(AEO), 109 aerie stand-alone stores, 5 Tailgate Clothing Co. stores, and 1 Todd Snyder store, as well as 223 franchised stores in 24 countries.
In fiscal 2017, the company opened 31 stores and closed 34 stores. In the first half of fiscal 2018, the company opened 11 stores and closed 4 stores. During fiscal 2018, the company expects to: open 15 to 20 new AEO stores and 10 to 15 aerie stores; to close approximately 10 to 15 AEO stores and 5 to 10 aerie stores; remodel 60 to 70 existing stores; and to opened 47 net new licensed stores internationally.
All stores are leased. Store leases generally have initial terms of 10 years and some contain early termination options, which can be exercised under specific conditions.
Stores are primarily located in enclosed regional malls, as well as urban areas and lifestyle centers. AEO brand stores average approximately 6,600 gross square feet and 5,300 selling square feet, but are selectively enlarged during the remodeling process in certain markets. The flagship store in the Times Square area of New York is 25,000 square feet. Aerie brand stores average approximately 3,600 gross square feet and approximately 3,000 on a selling square foot basis.
|Total gross square feet (M)||6,641||6,581||6,619||6,601||6,613||6,503|
|Total gross square feet growth||-0.0%||-0.6%||0.3%||-0.2%||1.7%||4.8%|
|Avg store gross sq ft||6,300||6,300||6,300||6,300||6,300||6,100|
|Avg store gross sq ft growth||0.3%||-0.3%||-0.0%||0.8%||2.6%||2.7%|