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AEO INC . American Eagle Outfitters Reports All - time High Second Quarter Revenue and Operating Income Reflecting Strength Across Brands and Great Progress on our " Real Power . Real Growth . " Value Creation Plan September 2 , 2021 Second Quarter 2021 Highlights Compared to Second Quarter 2020 ● Record revenue of $ 1.19 billion increased 35 % Operating income reached an all - time second quarter high of $ 168 million Higher full - priced sales , reduced promotions and controlled costs fueled gross margin expansion to 42.1 % ● Aerie net revenue increased 34 % , operating income rose 132 % , reflecting a 21.0 % operating margin American Eagle net revenue rose 35 % , operating income was up 234 % , reflecting a 23.5 % operating margin PITTSBURGH -- ( BUSINESS WIRE ) - American Eagle Outfitters , Inc. ( NYSE : AEO ) today announced financial results for the second quarter ended July 31 , 2021 . " It's extremely gratifying to see significant growth across our business , as we delivered another quarter of record revenue and profitability . Results underscore the strength of our brands , outstanding product and a leading customer experience across selling channels . We are running our business with a laser focus on profitability through inventory and real - estate optimization initiatives and investments to enhance our supply chain . Led by an expanding customer file , Aerie is achieving consistent , robust multi - year growth and very strong profit flow through . American Eagle posted meaningful top - and bottom - line increases with significant unlock still ahead . Our Real Power . Real Growth . plan has been a guiding light for all facets of the business , positioning us to successfully navigate a dynamic macro environment . Despite external challenges , I believe we are on path to achieve $ 600 million in operating income this year , well ahead of our previous target , " said Jay Schottenstein , AEO's Executive Chairman of the Board and Chief Executive Officer . " Second Quarter 2021 Results Total net revenue increased $ 311 million , or 35 % to $ 1.19 billion , compared to $ 0.88 billion in the second quarter of 2020 . ●