ABERCROMBIE & FITCH CO /DE/ SEC 10-Q Report

Abercrombie & Fitch Co. (A&F), a leading global specialty retailer of apparel and accessories, has released its Form 10-Q report for the third quarter of Fiscal 2025. The report highlights the company's financial performance and operational achievements, showcasing growth across various segments and regions. This summary provides an overview of the key financial and business highlights from the report.

Financial Highlights

• Net Sales: $1,290.6 million, increased by 7% compared to the same period last year, driven by growth across all segments.
• Operating Income: $155.0 million, representing an operating income margin of 12.0%, reflecting effective cost management and operational efficiency.
• Net Income Attributable to A&F: $113.0 million, a decrease from the previous year, impacted by increased expenses.
• Net Income Per Share (Diluted): $2.36, reflecting the company's share repurchase activities and changes in weighted-average shares outstanding.

Business Highlights

Revenue Segments

• The company reported net sales of $1,290,619,000 for the thirteen weeks ended November 1, 2025, with the Americas segment contributing $1,057,448,000, EMEA $194,510,000, and APAC $38,661,000.
• For the thirty-nine weeks ended November 1, 2025, net sales were $3,596,490,000, with the Americas contributing $2,906,452,000, EMEA $576,756,000, and APAC $113,282,000.

Geographical Performance

• The Americas segment showed strong performance with net sales of $1,057,448,000 for the thirteen weeks ended November 1, 2025, and $2,906,452,000 for the thirty-nine weeks ended November 1, 2025.
• The EMEA segment also performed well, with net sales of $194,510,000 and $576,756,000 for the respective periods.
• The APAC segment reported net sales of $38,661,000 and $113,282,000.

Sales Units

• The company opened 48 new stores, remodeled 24 stores, and right-sized eight stores, while closing 10 stores during the first three quarters of Fiscal 2025.
• The store investment plan includes approximately 40 net store openings and 40 remodels and right-sizes for the full fiscal year.

New Product Launches

• The company continues to focus on delivering compelling assortments and product collections across genders, using testing and chase strategies to align with customer preferences.

Future Outlook

• The company is focused on executing its Always Forward Plan, which includes driving sales growth across regions and brand families, accelerating digital transformation, and maintaining financial discipline.
• The company anticipates approximately $90 million of net tariff expense in Fiscal 2025 due to new U.S. tariffs, impacting operating profit by 170 basis points as a percent of net sales.

SEC Filing: ABERCROMBIE & FITCH CO /DE/ [ ANF ] - 10-Q - Dec. 05, 2025