How much did american eagle estimate gift card users would not redeem as cash sales (called gift card breakage) during the year ended february 3, 2018?

Respuesta :

As of February 3, 2018, we operated 933 American Eagle Outfitters

stores on an estimate of the amounts that will not be redeemed (“gift

card breakage”)

What is American Eagle?

  • American Eagle Outfitters, Inc., a Delaware corporation (also known as "AEO Inc.," "the Company," "we," or "our"), was established in 1977.
  • We are a top multi-brand specialty retailer with over 1,000 physical stores as well as online stores at www.ae.com and www.aerie.com in the US and abroad.
  • Under the American Eagle Outfitters brand, we provide a wide range of fashionable, high-quality clothing and accessories for both sexes, as well as reasonably priced intimates, clothing, and personal care items for women under the Aerie brand.
  • Stores run by AEO Inc. can be found in China, Hong Kong, Canada, Mexico, and the United States.
  • As of February 3, 2018, we ran 109 standalone Aerie stores in addition to 933 American Eagle Outfitters locations.
  • Additionally, we have license agreements with third parties to run Aerie and American Eagle Outfitters stores globally.

To learn more about the American eagle, refer

to https://brainly.com/question/1870140

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