EX-99.2 3 q12025quarterlyhistory.htm EX-99.2

Abercrombie & Fitch Co.
Financial Information
(Unaudited)
(in thousands, except per share data)
									Fiscal 2024																					Fiscal 2025
			2023						Q1			Q2			Q3			Q4						2024						Q1
Net sales			$	4,280,677					$	1,020,730		$	1,133,974		$	1,208,966		$	1,584,917					$	4,948,587					$	1,097,311
Cost of sales, exclusive of depreciation and amortization			1,587,265						343,273			397,712			422,034			610,907						1,773,926						417,133
Selling expense			1,533,438						360,018			382,557			420,990			526,423						1,689,988						399,937
General and administrative expense			681,176						189,548			178,147			188,246			194,544						750,485						174,925
Other operating (income) loss, net			(5,873)						(1,958)			(67)			(1,586)			(3,021)						(6,632)						3,783
Operating income			484,671						129,849			175,625			179,282			256,064						740,820						101,533
Interest expense			30,352						5,780			5,189			569			539						12,077						661
Interest income			(29,980)						(10,803)			(10,392)			(9,302)			(9,437)						(39,934)						(7,444)
Interest (income) expense, net			372						(5,023)			(5,203)			(8,733)			(8,898)						(27,857)						(6,783)
Income before income taxes			484,299						134,872			180,828			188,015			264,962						768,677						108,316
Income tax expense			148,886						19,794			45,449			54,151			75,267						194,661						26,577
Net income			335,413						115,078			135,379			133,864			189,695						574,016						81,739
Less: Net income attributable to noncontrolling interests			7,290						1,228			2,211			1,885			2,469						7,793						1,326
Net income attributable to Abercrombie & Fitch Co.			$	328,123					$	113,850		$	133,168		$	131,979		$	187,226					$	566,223					$	80,413
Net income per share attributable to Abercrombie & Fitch Co.:
Basic			$6.53						$2.24			$2.60			$2.59			$3.72						$11.14						$1.63
Diluted			$6.22						$2.14			$2.50			$2.50			$3.57						$10.69						$1.59
Weighted-average shares outstanding:
Basic			50,250						50,893			51,246			50,951			50,265						50,839						49,214
Diluted			52,726						53,276			53,279			52,869			52,461						52,971						50,634

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Abercrombie & Fitch Co.
Financial Information
(Unaudited)
									Fiscal 2024																					Fiscal 2025
			2023						Q1			Q2			Q3			Q4						2024						Q1
Comparable sales by segment: (1)
Americas comparable sales (2) (3)			13		%				21		%	18		%	16		%	15		%				17		%				4		%
EMEA comparable sales (2) (4)			7		%				23		%	17		%	13		%	12		%				16		%				6		%
APAC comparable sales (2) (5)			26		%				22		%	21		%	16		%	17		%				19		%				2		%
Comparable sales (2)			13		%				21		%	18		%	16		%	14		%				17		%				4		%
Comparable sales by brand family:
Abercrombie comparable sales (2)			23		%				29		%	21		%	11		%	5		%				15		%				(10)		%
Hollister comparable sales (2)			4		%				13		%	15		%	21		%	24		%				19		%				23		%
Comparable sales (2)			13		%				21		%	18		%	16		%	14		%				17		%				4		%
(1) Comparable sales by segment are presented by attributing revenues to a physical store location or geographical region that fulfills the order.
(2) Comparable sales are calculated on a constant currency basis. Refer to "REPORTING AND USE OF GAAP AND NON-GAAP MEASURES," for further discussion.
(3) The Americas segment includes the results of operations in North America and South America.
(4) The EMEA segment includes the results of operations in Europe, the Middle East and Africa.
(5) The APAC segment includes the results of operations in the Asia-Pacific region, including Asia and Oceania.

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