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Abercrombie

Net sales of $1.2 billion for the quarter declined 3% from last year.

Verified 25 Oct 2026 · occurred 7 Mar 2019

Detail

full year sales: “Fiscal 2019 Full Year Outlook For fiscal 2019, the company expects: • Net sales to be up in the range of 2% to 4%, driven by positive comparable sales and net new store contribution, partially offset by an adverse impact of changes in foreign currency exchange rates of approximately $15 million primarily in the first quarter of fiscal 2019 • Comparable sales to be up low-single digits • Gross profit rate to be up slightly from the fiscal 2018 rate of 60.2% • Operating expense, excluding other operating income, to be up approximately 2% from fiscal 2018 adjusted non-GAAP operating expense of $2.03 billion • The effective tax rate to be in the mid-to-upper 20s • A weighted average diluted share count of approximately 69 million shares, excluding the effect of future share buybacks • Capital investments of approximately $200 million 3 • To deliver approximately 85 new store experiences through new store prototypes, remodeled stores and right-sizes • Up to 40 store closures , primarily in the U.S.”

Type
Earnings
Category
Financial

Abercrombie record

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Sources

SEC filingas of · verified

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