American Eagle Outfitters, Inc. is built on more than 30 years of customer focus, dedication, and innovation. The company was founded with one store, in Novi, Michigan, in 1977. Today, you see many iterations of the number 77 throughout our clothing, vernacular and imagery - one of the many threads of respect to our rich heritage.
The Schottenstein family of Columbus, Ohio took over the company in the early nineties, which is also when we introduced our first line of private-label merchandise. The Schottensteins were, and remain today, consummate retailers, with generations of experience and several successful companies. Under this leadership, we set our sights on creating a brand that offers high-quality, on-trend clothing at affordable prices, targeted to the college lifestyle. Decades later, that core mission remains.
In 1994, American Eagle Outfitters, Inc. went public on NASDAQ under the "AEOS" symbol. Over the next decade, the company demonstrated outstanding growth and profitability, solidifying its position as a leading lifestyle brand. In March of 2007, the company began trading on the New York Stock Exchange under the symbol "AEO". Our shareholders include associates, individuals, large financial institutions, socially responsible investment funds, and everyone in between.
American Eagle Outfitters, Inc. is now a portfolio of brands, with American Eagle Outfitters for 15 - 25-year-old girls and guys, Aerie for the college girl, 77kids for grade-schoolers, and little77 for infants. AE.COM®, the online home of all of our brands, ships to 76 countries worldwide.
Over the past few years, we have expanded into the international market. We launched stores in Canada in 2001 and opened 3 franchise stores in the Middle East in 2010. Our first franchise stores in Hong Kong, China, and Russia opened in early 2011, and the company has plans for expansion into Japan and Israel in the near future.
With corporate offices in three very distinct locations - Pittsburgh, New York City, and Hong Kong - American Eagle Outfitters, Inc. has built a distinctive company culture based on our core values that continues to shape our aspirational yet accessible brand identities. Today, we have more than 1,000 stores and 30,000 associates worldwide.
For more information on the company, please visit our investor information site.