UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 
FORM 8-K

 
CURRENT REPORT  
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
 
Date of Report
(Date of earliest event reported)
 
January 25, 2007  

AMERICAN EAGLE OUTFITTERS, INC.  
(Exact name of registrant as specified in its charter)

 
 	 	 	 	 	
Delaware	 	0-23760	 	13-2721761	
(State of incorporation)	 	(Commission File Number)	 	(IRS Employer Identification No.)	

150 Thorn Hill Drive
Warrendale, Pennsylvania	 	15086-7528	
(Address of principal executive offices)	 	(Zip Code)	
 
(724) 776-4857
(Registrant's telephone number, including area code)
 
N/A
(Former name or former address, if changed since last report)

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
[   ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)	
 
[   ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)	
 
[   ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))	
 
[   ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))	

 

 
   ITEM 5.02.	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers		
	On January 25, 2007, the Board of Directors (the "Board") of American Eagle Outfitters, Inc. (the "Company") elected Alan Kane to serve as a Class III director effective immediately until the next Annual Meeting of Stockholders.  Mr. Kane is independent and was appointed to the Compensation Committee.  In connection with his election, the Board approved a stock grant to Mr. Kane for services to be performed as a non-employee director, for a number of shares equal in value to $18,050, based on the closing value of the Company's stock on January 25, 2007, which was $32.39, resulting in the issuance of 557 shares under the Company's 2005 Stock Award and Incentive Plan.  Mr. Kane will be paid retainer amounts in accordance with the Company's director compensation policy, pro rata based on service dates. 		
			
   ITEM 8.01.	Other Events		
	On January 25, 2007, the Company issued a press release announcing the election of Alan Kane as a new member of its Board of Directors.  A copy of this press release is attached hereto as exhibit 99.1.		
			
   ITEM 9.01.	Financial Statements and Exhibits		
(c) Exhibits			
 	 		
Exhibit No.	Description		
99.1	Press Release dated January 25, 2007 announcing election of Alan Kane to Board of Directors 		

 
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 	 	AMERICAN EAGLE OUTFITTERS, INC.	
 	 	(Registrant)	
			
Date: January 29, 2007	 	By:	 	/s/ Neil Bulman, Jr.	
 	 	 	 	Neil Bulman, Jr.	
 	 	 		Vice President, General Counsel and Secretary	

EXHIBIT INDEX

Exhibit
Number
	 	Description
	
99.1	 	Press Release dated January 25, 2007 announcing election of Alan Kane to Board of Directors	
			
* Such Exhibit is being "furnished" (not filed) pursuant to Item 8.01 of the Current Report on Form 8-K.	

NEWS RELEASE
AMERICAN EAGLE
OUTFITTERS
Names Alan Kane to Board of Directors
Warrendale, PA, January 25, 2007 - American Eagle Outfitters, Inc. (NASDAQ:AEOS) today announced the appointment of Alan Kane to the company's Board of Directors. Mr. Kane currently serves as dean of the School of Business and Technology at the Fashion Institute of Technology, a role he has held since 2005. From 1997 through 2006, he was a professor of retailing at the Columbia Graduate School of Business. Previously, Mr. Kane spent 28 years in the retailing industry with companies, including Federated Department Stores, The May Company, and Grossman's Inc., in various executive and merchandising positions. He is currently a member of the Board of Directors of Circuit City Stores, Inc.
Jim O'Donnell, Chief Executive Officer, commented on the appointment, "Alan brings tremendous retail expertise and deep business experience to our board. I am extremely pleased to have Alan's commitment, and look forward to his counsel as we continue to pursue profitable growth through the expansion and development of leading lifestyle brands."
About American Eagle Outfitters:
American Eagle Outfitters (Nasdaq: AEOS) is a leading retailer that designs, markets and sells its own brand of laidback, current clothing targeting 15 to 25 year-olds, providing high-quality merchandise at affordable prices. AE's original collection includes standards like jeans and graphic Ts as well as essentials like accessories, outerwear, footwear, basics and swimwear. American Eagle Outfitters currently operates 836 stores in 50 states, the District of Columbia and Puerto Rico, and 72 AE stores in Canada. AE also operates ae.com, which offers additional sizes and styles of favorite AE merchandise and ships around the world. The company launched a new collection of dormwear and intimates. " aerie by American Eagle" is now available in American Eagle stores across the country and at aerie.com. It includes bras, undies, camis, hoodies, robes, boxers, sweats and leggings for the AE girl. Designed to be sweetly sexy, comfortable and cozy, aerie offers AE customers a new way to express their personal style everyday, from the dormroom to the coffee shop to the classroom. The company also introduced MARTIN + OSA, a new sportswear concept targeting 25 to 40 year-old women and men. MARTIN + OSA carries apparel, accessories and footwear, using denim and sport inspiration to design fun and sport back into sportswear. MARTIN + OSA currently operates five stores. For additional information and updates, visit martinandosa.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which represent our expectations or beliefs concerning future events, specifically future growth and profitability. All forward-looking statements made by the company involve material risks and uncertainties and are subject to change based on factors beyond the company's control. Such factors include, but are not limited to the risk that the company's growth strategies and profitability may not be achieved and those other risks described in the Risk Factor Section of the company's Form 10-K and Form 10-Q's filed with the Securities and Exchange Commission . Accordingly, the company's future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if future changes make it clear that projected results expressed or implied will not be realized.
CONTACT: American Eagle Outfitters, Inc.
Judy Meehan, 724-776-4857
OR
Financial Media Contact
Berns Communications Group
Stacy Berns or Melissa Jaffin, 212-994-4660