Abercrombie
Fran Horowitz, Chief Executive Officer, said, “We delivered record first quarter net sales with 8% growth to last year.
Verified 25 Oct 2026 · occurred 29 May 2025
Detail
first quarter earnings: “REPORTS FIRST QUARTER FISCAL 2025 RESULTS • Record first quarter net sales of $1.1 billion, up 8% from last year, exceeding outlook • Net sales growth across regions, with Americas up 7%, EMEA up 12% and APAC up 5% • Brand performance led by Hollister brands’ growth of 22% with Abercrombie brands down 4% compared to last year • Profitability exceeds company outlook with operating margin of 9.3%, earnings per share of $1.59 • Repurchased 2.6 million shares for $200 million, representing 5% of shares outstanding at February 1, 2025 New Albany, Ohio, May 28, 2025: Abercrombie & Fitch Co.”
full year earnings: “For fiscal 2025, the company now expects: Current Full Year Outlook (1) Previous Full Year Outlook (2) Net sales Growth In The Range of 3% to 6% Growth In The Range of 3% to 5% Operating margin In The Range of 12.5% to 13.5% In The Range of 14% to 15% Effective tax rate (3) Around 27% Around 26% Net income per diluted share (4) (5) In The Range of $9.50 to $10.50 In The Range of $10.40 to $11.40 Share repurchases (5) $400 million $400 million Diluted weighted average shares (4) (5) Around 49 million Around 51 million Capital expenditures ~$200 million ~$200 million Real estate activity (all approximate) ~40 Net Store Openings ~40 Net Store Openings 60 Openings, 20 Closures 60 Openings, 20 Closures 40 Remodels And Right-Sizes 40 Remodels And Right-Sizes Second Quarter Outlook (1) Net sales Growth In The Range of 3% to 5% Operating margin In The Range of 12% to 13% Effective tax rate (3) Around 28% Net income per diluted share (4) (5) In The Range of $2.10 to $2.30 Share repurchases (5) $50 million Diluted weighted average shares (4) (5) Around 49 million (1) Includes the estimated impact from the tariffs on goods imported into the United States in accordance with trade policies currently in effect.”
- Type
- Earnings
- Category
- Financial
Sources
SEC filingas of · verified
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