American Eagle Outfitters (AEO) 8-K Announces Plansto Exitits Children’s Brand 77KIDS

EXHIBIT 99.2

77KIDS

HISTORICAL STATEMENTS OF OPERATIONS (1)

(Dollars and shares in thousands, except per share amounts)

(unaudited)

	Fiscal 2011 Quarterly Periods Ended
	April 30,			% of			July 30,			% of			October 29,			% of			January 28,			% of
	2011			Sales			2011			Sales			2011			Sales			2012			Sales
Net sales	$	6,478			100.0	%	$	6,583			100.0	%	$	12,407			100.0	%	$	14,285			100.0	%
Cost of sales, including certain buying, occupancy and warehousing expenses		8,536			131.8	%		10,700			162.5	%		15,695			126.5	%		21,075			147.5	%
Gross profit		(2,058	)		-31.8	%		(4,117	)		-62.5	%		(3,288	)		-26.5	%		(6,790	)		-47.5	%
Selling, general and administrative expenses		3,239			50.0	%		3,986			60.6	%		4,896			39.5	%		5,584			39.1	%
Loss on impairment of assets		—			0.0	%		—			0.0	%		—			0.0	%		1,552			10.9	%
Depreciation and amortization		444			6.8	%		678			10.3	%		784			6.3	%		783			5.5	%
Operating loss		(5,741	)		-88.6	%		(8,781	)		-133.4	%		(8,968	)		-72.3	%		(14,709	)		-103.0	%
Other income, net		—			0.0	%		—			0.0	%		—			0.0	%		—			0.0	%
Loss before income taxes		(5,741	)		-88.6	%		(8,781	)		-133.4	%		(8,968	)		-72.3	%		(14,709	)		-103.0	%
Benefit for income taxes		(2,195	)		-33.9	%		(3,358	)		-51.0	%		(3,444	)		-27.8	%		(5,628	)		-39.4	%
Net loss	$	(3,546	)		-54.7	%		(5,423	)		-82.4	%		(5,524	)		-44.5	%		(9,081	)		-63.6	%
Net loss per basic common share	$	(0.02	)				$	(0.03	)				$	(0.03	)				$	(0.05	)
Net loss per diluted common share	$	(0.02	)				$	(0.03	)				$	(0.03	)				$	(0.05	)
Weighted average common shares outstanding—basic		194,683						194,909						194,378						193,798
Weighted average common shares outstanding—diluted		196,633						196,578						195,985						195,913
	Fiscal 2010 Quarterly Periods Ended
	May 1,			% of			July 31,			% of			October 30,			% of			January 29,			% of
	2010			Sales			2010			Sales			2010			Sales			2011			Sales
Net sales	$	3,342			100.0	%	$	2,761			100.0	%	$	6,658			100.0	%	$	9,504			100.0	%
Cost of sales, including certain buying, occupancy and warehousing expenses		4,769			142.7	%		4,363			158.0	%		9,769			146.7	%		14,556			153.2	%
Gross profit		(1,427	)		-42.7	%		(1,602	)		-58.0	%		(3,111	)		-46.7	%		(5,052	)		-53.2	%
Selling, general and administrative expenses		1,578			47.2	%		1,752			63.5	%		3,509			52.7	%		3,434			36.1	%
Depreciation and amortization		71			2.1	%		98			3.5	%		270			4.1	%		387			4.1	%
Operating loss		(3,076	)		-92.0	%		(3,452	)		-125.0	%		(6,890	)		-103.5	%		(8,873	)		-93.4	%
Other income, net		—			0.0	%		—			0.0	%		—			0.0	%		—			0.0	%
Loss before income taxes		(3,076	)		-92.0	%		(3,452	)		-125.0	%		(6,890	)		-103.5	%		(8,873	)		-93.4	%
Benefit for income taxes		(1,169	)		-35.0	%		(1,304	)		-47.2	%		(2,630	)		-39.5	%		(3,391	)		-35.7	%
Net loss	$	(1,907	)		-57.2	%		(2,148	)		-77.8	%		(4,260	)		-64.0	%		(5,482	)		-57.7	%
Net loss per basic common share	$	(0.01	)				$	(0.01	)				$	(0.02	)				$	(0.03	)
Net loss per diluted common share	$	(0.01	)				$	(0.01	)				$	(0.02	)				$	(0.03	)
Weighted average common shares outstanding—basic		207,718						201,764						195,590						194,878
Weighted average common shares outstanding—diluted		210,285						203,153						197,323						196,789

(1) Represents 77kids store and online business operating results, as well as home office and other costs directly attributable to 77kids operations.