Last Updated on 02/27/2021 by GS Staff
Q: Who owns American Eagle Outfitters?
American Eagle is a publicly-traded company. This means that it is owned by shareholders of the company. Shares trade on the New York Stock Exchange under the symbol AEO. Individuals can purchase shares of AEO through most online brokers such as Fidelity, TD Ameritrade, and Charles Schwab.
Some of the top institutional shareholders of American Eagle are:
|Holder||Ownership (%)||Date Reported|
|Cooke & Bieler LP||6.50||2-16-2021|
|Melvin Capital Management LP||5.40||2-16-2021|
American Eagle’s IPO
American Eagle initially started trading on the NASDAQ in March of 1994. Its symbol was AEOS. The initial public offering (IPO) was 2.3 million shares according to American Eagle investor relations. The company had $199.7 million in sales in the fiscal year 1994 with 208 stores. It reported a net income of $12.2 million for the year ended July 30, 1994.
Revenue has greatly increased since 1994. At the time of this article in February 2021, the company reported over $3.7 billion in revenue with a net income loss. The two brands of the company are American Eagle and Aerie with over 1,000 stores in North America, China, and Hong Kong.
Image Credit – Mike Mozart/flickr