American Eagle Outfitters reported USD62.837 million of unredeemed gift cards and gift certificates at August 1, compared with USD57.376 million at August 2, 2025. Its September 9 quarterly results disclosure lists the amount as a separate current-liability line.
American Eagle outstanding gift cards and certificates
Consolidated unredeemed gift-card and gift-certificate liability at corresponding quarter ends.
USD million
Tap or hover for details. All values are also available in the data table.
Source
Point-in-time issuer liability, not new card sales, redemptions or breakage. These are corresponding annual quarter ends, not sequential months. The release does not identify the drivers of the change.
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| Category | Unredeemed gift cards and certificates |
|---|---|
| August 2, 2025 | 57.376 USD million |
| August 1, 2026 | 62.837 USD million |
The balance describes an obligation associated with outstanding stored value. It is not the amount of new cards sold in the quarter or a measure of gift-card redemption revenue. A higher outstanding balance alone cannot establish whether issuance increased, redemption slowed or another accounting movement contributed.
The comparison uses the corresponding prior-year reporting date, rather than treating the two amounts as sequential monthly observations. The figures are reported in thousands of US dollars and converted here to millions.
The issuer's September 10 quarterly filing repeats the current balance, but the original published results already contained the gift-card line on September 9.
The disclosure provides a specific view of the apparel retailer's outstanding gift value. It does not disclose a physical-versus-digital split, the number of recipients, a change to card terms or a separately quantified breakage result.
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Maya Bennett
Maya Bennett covers customer loyalty, employee rewards and incentive programmes for Gift Card News.