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Abercrombie & Fitch Co.
Financial Information
(Unaudited)
(in thousands, except per share data)
							Fiscal 2022										Fiscal 2023
	2019		2020		2021		Q1		Q2		Q3		Q4		2022		Q1		Q2		Q3		Q4		2023
Net sales	$	3,623,073	$	3,125,384	$	3,712,768	$	812,762	$	805,091	$	880,084	$	1,199,814	$	3,697,751	$	835,994	$	935,345	$	1,056,431	$	1,452,907	$	4,280,677
Cost of sales, exclusive of depreciation and amortization	1,472,155		1,234,179		1,400,773		363,216		339,200		359,268		531,529		1,593,213		326,200		350,965		370,762		539,338		1,587,265
Gross profit	2,150,918		1,891,205		2,311,995		449,546		465,891		520,816		668,285		2,104,538		509,794		584,380		685,669		913,569		2,693,412
Stores and distribution expense	1,617,635		1,452,885		1,440,423		340,965		342,961		371,077		441,959		1,496,962		336,049		352,730		383,883		499,075		1,571,737
Marketing, general and administrative expense	464,615		463,843		536,815		122,149		124,168		133,201		138,084		517,602		142,631		144,502		162,510		193,234		642,877
Other operating (income) loss, net	(1,400)		(5,054)		(8,327)		(3,842)		953		(1,005)		1,220		(2,674)		(2,894)		(2,694)		1,256		(1,541)		(5,873)
Operating income (loss)	70,068		(20,469)		343,084		(9,726)		(2,191)		17,543		87,022		92,648		34,008		89,842		138,020		222,801		484,671
Interest (income) expense, net	7,737		28,274		34,110		7,307		6,917		7,295		4,113		25,632		3,443		1,097		671		(4,839)		372
Income (loss) before income taxes	62,331		(48,743)		308,974		(17,033)		(9,108)		10,248		82,909		67,016		30,565		88,745		137,349		227,640		484,299
Income tax expense (benefit)	17,371		60,211		38,908		(2,187)		5,634		10,966		42,218		56,631		12,718		30,014		39,617		66,537		148,886
Net income (loss)	44,960		(108,954)		270,066		(14,846)		(14,742)		(718)		40,691		10,385		17,847		58,731		97,732		161,103		335,413
Less: Net income attributable to noncontrolling interests	5,602		5,067		7,056		1,623		2,092		1,496		2,358		7,569		1,276		1,837		1,521		2,656		7,290
Net income (loss) attributable to Abercrombie & Fitch Co.	$	39,358	$	(114,021)	$	263,010	$	(16,469)	$	(16,834)	$	(2,214)	$	38,333	$	2,816	$	16,571	$	56,894	$	96,211	$	158,447	$	328,123

Net income (loss) per share attributable to Abercrombie & Fitch Co.:
Basic	$0.61		$(1.82)		$4.41		$(0.32)		$(0.33)		$(0.04)		$0.78		$0.06		$0.33		$1.13		$1.91		$3.13		$6.53
Diluted	$0.60		$(1.82)		$4.20		$(0.32)		$(0.33)		$(0.04)		$0.75		$0.05		$0.32		$1.10		$1.83		$2.97		$6.22

Weighted-average shares outstanding:
Basic	64,428		62,551		59,597		52,077		50,441		49,486		49,216		50,307		49,574		50,322		50,504		50,559		50,250
Diluted	65,778		62,551		62,636		52,077		50,441		49,486		51,217		52,327		51,467		51,548		52,624		53,399		52,726


Abercrombie & Fitch Co.
Financial Information
(Unaudited)
					Fiscal 2022					Fiscal 2023
	2019		2020	2021	Q1	Q2	Q3	Q4	2022	Q1		Q2		Q3		Q4		2023
Reportable segment comparable sales
Americas comparable sales (1) (2)	Not provided		Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided		14	%	16	%	17	%	13	%
EMEA comparable sales (1) (3)	Not provided		Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided		6	%	15	%	10	%	7	%
APAC comparable sales (1) (4)	Not provided		Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided		26	%	32	%	21	%	26	%
Comparable sales (1)	1	%	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	3	%	13	%	16	%	16	%	13	%

Branded comparable sales
Abercrombie comparable sales (1) (5)	3	%	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	14	%	23	%	26	%	28	%	23	%
Hollister comparable sales (1) (6)	-1	%	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	-6	%	5	%	7	%	6	%	4	%
Comparable sales (1)	1	%	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	Not provided	3	%	13	%	16	%	16	%	13	%

(1) Comparable sales are calculated on a constant currency basis and exclude revenue other than store and online sales. The Company did not provide comparable sales results for fiscal 2020, fiscal 2021 or fiscal 2022 due to temporary store closures as a result of COVID-19.
(2) The Americas reportable segment includes the results of operations in North America and South America.
(3) The EMEA reportable segment includes the results of operations in Europe, the Middle East and Africa.
(4) The APAC reportable segment includes the results of operations in the Asia-Pacific region, including Asia and Oceania.
(5) Abercrombie includes the Company's Abercrombie & Fitch and abercrombie kids brands.
(6) Hollister includes the Company's Hollister and Gilly Hicks brands.


Abercrombie & Fitch Co.
Store Count Information
(Unaudited)
	AMERICAS (1)		EMEA (2)		APAC (3)		Total Company
	Abercrombie (4)	Hollister (5)	Abercrombie (4)	Hollister (5)	Abercrombie (4)	Hollister (5)	Abercrombie (4)	Hollister (5)	Total (6)
January 28, 2023	184	389	29	112	20	28	233	529	762
New	14	7	4	6	4	—	22	13	35
Permanently closed	(4)	(12)	(4)	(10)	—	(2)	(8)	(24)	(32)
February 3, 2024	194	384	29	108	24	26	247	518	765

Gross square footage (in thousands):
January 28, 2023	1,176	2,487	181	907	132	185	1,489	3,579	5,068
February 3, 2024	1,188	2,459	187	828	149	169	1,524	3,456	4,980

(1) The Americas segment includes the results of operations in North America and South America.
(2) The EMEA segment includes the results of operations in Europe, the Middle East and Africa.
(3) The APAC segment includes the results of operations in the Asia-Pacific region, including Asia and Oceania.
(4) Abercrombie brands includes Abercrombie & Fitch and abercrombie kids.
(5) Hollister brands includes Hollister and Gilly Hicks.
(6) Store count excludes temporary and international franchise stores.


Abercrombie & Fitch Co.
Store Count Information
(Unaudited)
	Abercrombie (1)					Hollister (2)					Total Company (3)
	2019	2020	2021	2022	2023	2019	2020	2021	2022	2023	2019	2020	2021	2022	2023
Legacy stores	190	123	97	88	78	240	199	185	173	158	430	322	282	261	236
Updated formats	63	69	86	106	130	290	285	304	334	344	353	354	390	440	474
Outlet stores	41	40	37	37	38	15	12	15	22	16	56	52	52	59	54
Flagship stores	14	6	4	2	1	1	1	1	—	—	15	7	5	2	1
Total stores	308	238	224	233	247	546	497	505	529	518	854	735	729	762	765

(1) Abercrombie includes the Company's Abercrombie & Fitch and abercrombie kids brands.
(2) Hollister includes the Company's Hollister and Gilly Hicks brands.
(3) Store count excludes temporary and international franchise stores.


Abercrombie & Fitch Co.
Store Count Information
(Unaudited)
	Abercrombie (1)					Hollister (2)					Total Company
	2019	2020	2021	2022	2023	2019	2020	2021	2022	2023	2019	2020	2021	2022	2023
New stores	21	9	16	21	22	19	6	22	38	13	40	15	38	59	35
Remodels	—	—	—	—	4	24	4	2	1	9	24	4	2	1	13
Right-sizes	14	2	3	4	5	12	4	2	4	4	26	6	5	8	9
New experiences	35	11	19	25	31	55	14	26	43	26	90	25	45	68	57
Permanent closures	(32)	(81)	(30)	(12)	(8)	(15)	(56)	(14)	(14)	(24)	(47)	(137)	(44)	(26)	(32)
Net store openings (closures)	(11)	(72)	(14)	9	14	4	(50)	8	24	(11)	(7)	(122)	(6)	33	3

(1) Abercrombie includes the Company's Abercrombie & Fitch and abercrombie kids brands.
(2) Hollister includes the Company's Hollister and Gilly Hicks brands.