American Eagle Outfitters (AEO) reported total net revenue of $1.6 billion for the fourth quarter, reflecting a 4% decline. This decrease was attributed to an adverse impact of approximately $85 million from one less selling week and a shift in the retail calendar. The diluted earnings per share stood at $0.54, with an average of 193 million diluted shares outstanding. Despite meeting revenue expectations, the company's shares fell 5% in after-hours trading due to weak guidance for the fiscal year. AEO anticipates a low single-digit revenue decline for the full year and projects operating income between $360 million and $375 million, alongside a lower gross margin year-over-year. The company is also facing challenges from weaker demand and tariff impacts, which could negatively affect margins by $5 million to $10 million. Additionally, AEO announced a buyback of 50 million shares.