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Abercrombie & Fitch Reports April Sales Results

NEW ALBANY, Ohio, May 6 /PRNewswire-FirstCall/ -- Abercrombie & Fitch (NYSE: ANF) today reported net sales of $214.3 million for the four-week period ended May 1, 2010, an 8% increase from net sales of $199.1 million for the four-week period ended May 2, 2009.  April comparable store sales decreased 7%.  For the fiscal month, total Company direct-to-consumer net merchandise sales increased 50% to $23.1 million.  For the fiscal month, total Company international net sales, including direct-to-consumer net sales, increased 94% to $40.0 million.

For the fiscal quarter ended May 1, 2010, the Company reported net sales of $687.8 million, a 14% increase from net sales of $601.7 million last year.  Comparable store sales increased 1% for the quarter. For the quarter, total Company direct-to-consumer net merchandise sales increased 42% to $68.8 million.  For the quarter, total Company international net sales, including direct-to-consumer net sales, increased 102% to $119.0 million.

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

April 2010 Highlights

  • Total Company net sales, including direct-to-consumer net sales, increased 8%
  • Total Company domestic net sales, including direct-to-consumer net sales, decreased 2%
  • Total Company international net sales, including direct-to-consumer net sales, increased 94%
  • Total Company comparable store sales decreased 7%
  • Total Company direct-to-consumer net merchandise sales increased 50%
  • Abercrombie & Fitch comparable store sales decreased 7%
  • abercrombie kids comparable store sales decreased 5%
  • Hollister Co. comparable store sales decreased 7%

Other Developments

The Company will release its first quarter results on Tuesday, May 18, 2010 prior to the opening of the market and hold a conference call at 8:30 AM Eastern Time.  To listen to the conference call, dial (888) 801-6504 and ask for the Abercrombie & Fitch Quarterly Call or go to www.abercrombie.com.  The international call-in number is (913) 981-5518. This call will be recorded and made available by dialing the replay number (888) 203-1112 or the international number (719) 457-0820 followed by the conference ID number 1393409 or through www.abercrombie.com.

At month end, the Company operated a total of 1,100 stores.  The Company operated 341 Abercrombie & Fitch stores, 205 abercrombie kids stores, 507 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 21 Hollister Co. stores internationally. The Company also operates e-commerce websites at www.abercrombie.com, www.abercrombiekids.com, www.hollisterco.com and www.gillyhicks.com.

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

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