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TheStreet Open House

Abercrombie & Fitch Reports June Sales Results

NEW ALBANY, Ohio, July 8 /PRNewswire-FirstCall/ -- Abercrombie & Fitch (NYSE: ANF) today reported net sales of $277.3 million for the five-week period ended July 3, 2010, a 23% increase from net sales of $225.9 million for the five-week period ended July 4, 2009.  June comparable store sales increased 9%.  For the fiscal month, total Company direct-to-consumer net merchandise sales increased 62% to $26.1 million.  For the fiscal month, total Company international net sales, including direct-to-consumer net sales, increased 88% to $49.4 million.

Year-to-date, the Company reported net sales of $1.163 billion, a 15% increase from net sales of $1.007 billion last year.  Comparable store sales increased 3% for the year-to-date period.  Year- to-date, total Company direct-to-consumer net merchandise sales increased 44% to $114.1 million.  Year-to-date, total Company international net sales, including direct-to-consumer net sales, increased 95% to $205.2 million.

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

June 2010 Highlights

  • Total Company net sales, including direct-to-consumer net sales, increased 23%
  • Total Company domestic net sales, including direct-to-consumer net sales, increased 14%
  • Total Company international net sales, including direct-to-consumer net sales, increased 88%
  • Total Company comparable store sales increased 9%
  • Total Company direct-to-consumer net merchandise sales increased 62%
  • Abercrombie & Fitch comparable store sales increased 10%
  • abercrombie kids comparable store sales increased 14%
  • Hollister Co. comparable store sales increased 7%

At fiscal month end, the Company operated a total of 1,095 stores.  The Company operated 339 Abercrombie & Fitch stores, 202 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 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

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