Question
Retrieve the Form 10-K for American Eagle Outfitters for the fiscal year ending January 30, 2021 (or fiscal year 2020). American Eagles Form 10-K can
Retrieve the Form 10-K for American Eagle Outfitters for the fiscal year ending January 30, 2021 (or fiscal year 2020). American Eagles Form 10-K can be accessed through the SEC EDGAR database at https://www.sec.gov/Archives/edgar/data/919012/000156459021012543/aeo-10k_20210130.htm
Hints: You will need to search the financial statement footnotes to find some of the information. Also, the financial statements are in thousands, except for per share amounts. If a number is in thousands, please indicate this by writing out the full number or writing (in thousands).
1. What were American Eagles impairment and restructuring charges for the fiscal year ending January 30, 2021?
2. What is American Eagles gross profit margin and net profit margin, respectively? Show your computation.
3. Did American Eagles gross profit margin increase or decrease for the fiscal year ending Jan 30, 2021 compared to the fiscal year ending February 1, 2020? If the gross profit margin increases, what does this tell a financial statement user?
4. At what point does American Eagles e-commerce operation recognize revenue for a sale?
5. How much was American Eagles Advertising Expense for the fiscal year ending Jan 30, 2021 (also called Fiscal 2020)?
6. For American Eagle, list the items that are included in Other (Expense) Income, Net.
7. What was American Eagles Diluted Income per Common Share for the fiscal year ending Jan 30, 2021?
8. What is American Eagles gift card breakage for the fiscal year ending Jan 30, 2021 (also called Fiscal 2020)?
9. The difference between American Eagles net income and its comprehensive income has been caused by which item?
10. What was the total amount of Cash Dividends and Dividend Equivalents for American Eagle for the year fiscal year ending Jan 30, 2021?
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