As of Apr 29, 2017, the company operated 1,053 stores in all 50 states, Puerto Rico, Canada, United Kingdom, Mexico, China and Hong Kong comprised of 944 American Eagle stores(AEO), 103 aerie stand-alone stores, 4 Tailgate Clothing Co. stores, and 2 Todd Snyder store, as well as 189 franchised stores in 23 countries.
In fiscal 2016, the company opened 29 stores and closed 26 stores. During the first quarter of 2017, the company opened 6 stores and closed 3 stores. In fiscal 2017, the company expects to open 15 to 20 new AEO stores and 15 aerie stores, to close approximately 15 to 20 AEO stores and 8 to 10 aerie stores, and to opened 30 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 4,600 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 3,800 gross square feet and approximately 3,000 on a selling square foot basis.
|Total gross square feet (M)||6,637||6,619||6,601||6,613||6,503||6,203|
|Total gross square feet growth||0.5%||0.3%||-0.2%||1.7%||4.8%||-1.4%|
|Avg store gross sq ft||6,300||6,300||6,300||6,300||6,100||5,900|
|Avg store gross sq ft growth||-0.2%||-0.0%||0.8%||2.6%||2.7%||1.0%|