1 By brand, net sales increased 13% to $423.6 million for Hollister and increased 7% to $307.3 million for Abercrombie from last year.

second quarter sales: “2 Outlook For fiscal 2018, the company now expects: • Comparable sales to be up in the range of 2% to 4% • Net sales to be up in the range of 2% to 4%, with net sales in the second quarter to be up high-single digits, including benefits from changes in foreign currency exchange rates and the calendar shift – Changes in foreign currency exchange rates to benefit net sales by approximately $50 million, including approximately $25 million in the first quarter, and operating income by approximately $15 million – The calendar shift and the loss of fiscal 2017's 53 rd week to adversely impact net sales by approximately $40 million, with benefits to first quarter and second quarter net sales of approximately $10 million and $30 million, respectively, to be more than offset by adverse impacts to third quarter and fourth quarter net sales of approximately $20 million and $60 million, respectively • A gross profit rate up slightly from the fiscal 2017 rate of 59.7% • GAAP operating expense, including certain legal charges of $5.6 million, lease termination charges of $3.9 million and volume-related expenses from higher sales, to be up approximately 2% from fiscal 2017 adjusted operating expense of $2 billion.”