Abercrombie
Net sales of $1.1 billion, up 21% as compared to last year on a reported basis and up 22% on a constant currency basis.
Verified 25 Oct 2026 · occurred 29 Aug 2024
Detail
full year margin: “REPORTS SECOND QUARTER FISCAL 2024 RESULTS • Record second quarter net sales of $1.1 billion, up 21% from last year with comparable sales growth of 18% • Broad-based net sales growth across regions and brands, with Abercrombie brands growth of 26% and Hollister brands accelerating to growth of 17% • Operating margin expands 590 basis points to 15.5%, with record second quarter operating income of $176 million • Further strengthened balance sheet with redemption of all its outstanding 8.75% senior secured notes and amendment and extension of ABL Facility resulting in liquidity of $1.2 billion • Increases full year outlook to net sales growth of 12% to 13%, and operating margin in the range of 14% to 15% New Albany, Ohio, August 28, 2024: Abercrombie & Fitch Co.”
- Type
- Earnings
- Category
- Financial
Sources
SEC filingas of · verified
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