This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Abercrombie & Fitch Reports March Sales Results

NEW ALBANY, Ohio, April 8 /PRNewswire-FirstCall/ -- Abercrombie & Fitch (NYSE: ANF) today reported net sales of $275.4 million for the five-week period ended April 3, 2010, a 19% increase from net sales of $231.3 million for the five-week period ended April 4, 2009.  March comparable store sales increased 5%.  Total Company direct-to-consumer net merchandise sales increased 45% to $27.9 million.  Total Company international net sales, including direct-to-consumer net sales, increased 112% to $45.8 million.

Year-to-date, the Company reported a net sales increase of 18% to $473.4 million from $402.6 million last year.  Comparable store sales increased 5% for the year-to-date period. Year-to-date, total Company direct-to-consumer net merchandise sales increased 38% to $45.6 million.  Year-to-date, total Company international net sales, including direct-to-consumer net sales, increased 107% to $79.1 million.

Additional information regarding sales for fiscal March can be found in a pre-recorded message accessible by dialing (800) 395-0662, or, internationally, by dialing (402) 220-1262.

March 2010 Highlights

  • Total Company net sales, including direct-to-consumer net sales, increased 19%
  • Total Company domestic net sales, including direct-to-consumer net sales, increased 10%
  • Total Company international net sales, including direct-to-consumer net sales, increased 112%
  • Total Company comparable store sales increased 5%
  • Total Company direct-to-consumer net merchandise sales increased 45%
  • Abercrombie & Fitch comparable store sales increased 10%
  • abercrombie kids comparable store sales increased 12%
  • Hollister Co. comparable store sales decreased 1%

Other Developments

The Company will release its April sales results on Thursday, May 6, 2010 and first quarter earnings on Tuesday, May 18, 2010.  

At month end, the Company operated a total of 1,098 stores.  The Company operated 341 Abercrombie & Fitch stores, 204 abercrombie kids stores, 508 Hollister Co. stores and 16 Gilly Hicks stores in the United States.  The Company also operated six Abercrombie & Fitch stores, four abercrombie kids stores and 19 Hollister Co. stores internationally. The Company also operates e-commerce websites at http://www.abercrombie.com, http://www.abercrombiekids.com, http://www.hollisterco.com and http://www.gillyhicks.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,312.48 +46.49 0.27%
S&P 500 2,016.97 +5.61 0.28%
NASDAQ 4,607.0070 +13.5820 0.30%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs