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TheStreet Open House

Abercrombie & Fitch Reports August Sales Results

NEW ALBANY, Ohio, Sept. 2 /PRNewswire-FirstCall/ -- Abercrombie & Fitch (NYSE: ANF) today reported net sales of $353.7 million for the four-week period ended August 28, 2010, a 14% increase from net sales of $309.5 million for the four-week period ended August 29, 2009.  August comparable store sales increased 6%.  For the fiscal month, total Company direct-to-consumer net merchandise sales increased 43% to $26.5 million.  For the fiscal month, total Company international net sales, including direct-to-consumer net sales, increased 80% to $50.8 million.

Year-to-date, the Company reported net sales of $1.787 billion, a 15% increase from net sales of $1.549 billion last year.  Comparable store sales increased 4% for the year-to-date period.  Year- to-date, total Company direct-to-consumer net merchandise sales increased 45% to $164.2 million.  Year-to-date, total Company international net sales, including direct-to-consumer net sales, increased 90% to $303.1 million.

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

August 2010 Highlights

  • Total Company net sales, including direct-to-consumer net sales, increased 14%
  • Total Company domestic net sales, including direct-to-consumer net sales, increased 8%
  • Total Company international net sales, including direct-to-consumer net sales, increased 80%
  • Total Company comparable store sales increased 6%
  • Total Company direct-to-consumer net merchandise sales increased 43%
  • Abercrombie & Fitch comparable store sales increased 9%
  • abercrombie kids comparable store sales decreased 9%
  • Hollister Co. comparable store sales increased 7%

Other Developments

At fiscal month end, the Company operated a total of 1,099 stores.  The Company operated 340 Abercrombie & Fitch stores, 202 abercrombie kids stores, 509 Hollister Co. stores and 17 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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