8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 28, 2024

Abercrombie & Fitch Co.

(Exact name of registrant as specified in its charter)

Delaware			1-12107	31-1469076
(State or other jurisdiction of incorporation)			(Commission File Number)	(I.R.S. Employer Identification No.)
6301 Fitch Path	New Albany	Ohio		43054
(Address of principal executive offices)				(Zip Code)
Registrant’s telephone number, including area code:		(614)	283-6500

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Class A Common Stock, $0.01 Par Value	ANF	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

                                        Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On August 28, 2024, Abercrombie & Fitch Co. (the “Company”) issued a news release (the “Release”) reporting the Company’s unaudited financial results for the second quarter ended August 3, 2024. A copy of the Release is included as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

In conjunction with the Release, the Company also made available additional unaudited quarterly financial information for the first quarter ended May 4, 2024, and for each of the quarters in the fiscal year ended February 3, 2024. The Company also made available additional unaudited financial information for the fiscal years ended February 3, 2024 and January 28, 2023. The additional financial information is included as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference.

In conjunction with the Release, the Company also made available an investor presentation of results for the second quarter ended August 3, 2024. The presentation, which is available under the “Investors” section of the Company’s website, located at corporate.abercrombie.com, is included as Exhibit 99.3 to this Current Report on Form 8-K and is incorporated herein by reference. Information on the Company’s website is not, and will not be deemed to be, a part of this Current Report on Form 8-K or incorporated into any other filings the Company may make with the Securities and Exchange Commission.

The Company’s management conducted a conference call on August 28, 2024 to review the Company’s financial results for the second quarter ended August 3, 2024. A copy of the transcript of the conference call is included as Exhibit 99.4 to this Current Report on Form 8-K and is incorporated herein by reference.

The information in this Item 2.02, including the accompanying Exhibits, are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01. Financial Statements and Exhibits.

(a) through (c) Not applicable

(d) Exhibits:

The following exhibits are included with this Current Report on Form 8-K:

Exhibit No.	Description
99.1	News release issued by Abercrombie & Fitch Co. on August 28, 2024
99.2	Additional unaudited financial information made available by Abercrombie & Fitch Co. on August 28, 2024
99.3	Investor presentation of results for the first quarter ended August 03, 2024 made available by Abercrombie & Fitch Co. on August 28, 2024
99.4	Transcript of conference call held by management of Abercrombie & Fitch Co. on August 28, 2024
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Abercrombie & Fitch Co.
Dated: August 29, 2024	By:	/s/ Scott D. Lipesky
		Scott D. Lipesky
		Executive Vice President, Chief Financial Officer and Chief Operating Officer

EX-99.1

ABERCROMBIE & FITCH CO. REPORTS SECOND QUARTER FISCAL 2024 RESULTS

•Record secondquarter net sales of $1.1 billion, up 21% from last year with comparable sales growth of 18%

•Broad-based net sales growth across regions and brands, with Abercrombie brands growth of 26% and Hollister brands accelerating to growth of 17%

•Operating margin expands590 basis points to 15.5%, with record secondquarteroperating income of $176 million

•Further strengthened balance sheet with redemption of all its outstanding 8.75% senior secured notes and amendment and extension of ABL Facility resulting in liquidity of $1.2 billion

•Increases full year outlook to net sales growth of 12% to 13%, and operating margin in the range of 14% to 15%

New Albany, Ohio, August 28, 2024: Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the second quarter ended August 3, 2024. These compare to results for the second quarter ended July 29, 2023. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this release.

Fran Horowitz, Chief Executive Officer, said, “Our team continued to execute at a very high level in the second quarter, resulting in better than expected sales growth and profitability. The strength of our brand portfolio and improvements we’ve made in global capabilities resulted in broad-based growth across regions, brands and channels. The Americas led our performance this quarter with net sales growth of 23% on top of 19% growth last year, along with continued strong results in EMEA with growth of 16%. By brand, Abercrombie brands achieved growth of 26% on top of 26% growth last year, and Hollister continued its sequential acceleration to growth of 17% with better-than-expected summer and back-to-school selling. Consistent with the first quarter, we delivered improved profitability driven by gross profit rate expansion and operating leverage, with a second quarter operating margin of 15.5% and record second quarter operating income of $176 million.

We delivered a strong first half of the year, and we are increasing our full-year outlook. Although we continue to operate in an increasingly uncertain environment, we remain steadfast in executing our global playbook and maintaining discipline over inventory and expenses. We are on track and confident in our goal to deliver sustainable, profitable growth this year, while making strategic long-term investments across marketing, digital and technology and stores to enable future growth.”

Details related to reported net income per diluted share and adjusted net income per diluted share for the second quarter are as follows:

	2024		2023
GAAP	$	2.50	$	1.10
Impact from changes in foreign currency exchange rates (1)	—		(0.02)
Adjusted non-GAAP constant currency	$	2.50	$	1.08

(1)The estimated impact from foreign currency is calculated by applying current period exchange rates to prior year results using a 26% tax rate.

A summary of results for the second quarter ended August 3, 2024 as compared to the second quarter ended July 29, 2023:

•Net sales of $1.1 billion, up 21% as compared to last year on a reported basis and up 22% on a constant currency basis.

•Comparable sales up 18%.

•Gross profit rate of64.9%, up approximately240 basis points as compared to last year.

•Operating expense, excluding other operating income, net, of $561 million for the quarter as compared with $497 million last year. Operating expense, excluding other operating income, net, as a percent of sales improved to 49.4% from 53.2% last year.

•Operating income of $176 million as compared to operating income last year of $90 million.

•Net income per diluted share of $2.50 as compared to net income per diluted share last year of $1.10.

1

Net Sales

Net sales by segment and brand for the second quarter are as follows:

(in thousands)	2024		2023		1 YR % Change	Comparable sales (2)
Net sales by segment: (1)
Americas (3)	$	901,224	$	731,427	23%	18%
EMEA (4)	199,682		171,962		16%	17%
APAC (5)	33,068		31,956		3%	21%
Total company	$	1,133,974	$	935,345	21%	18%
	2024		2023		1 YR % Change	Comparable sales (2)
Net sales by brand:
Abercrombie (6)	$	582,416	$	462,711	26%	21%
Hollister (7)	551,558		472,634		17%	15%
Total company	$	1,133,974	$	935,345	21%	18%

(1)    Net sales by segment are presented by attributing revenues to an individual country on the basis of the segment that fulfills the order.

(2)    Comparable sales are calculated on a constant currency basis. Refer to "REPORTING AND USE OF GAAP AND NON-GAAP MEASURES," for further discussion.

(3)    The Americas segment includes the results of operations in North America and South America.

(4)    The EMEA segment includes the results of operations in Europe, the Middle East and Africa.

(5)    The APAC segment includes the results of operations in the Asia-Pacific region, including Asia and Oceania.

(6)    For purposes of the above table, Abercrombie includes Abercrombie & Fitch and abercrombie kids.

(7)    For purposes of the above table, Hollister includes Hollister and Gilly Hicks.

Financial Position and Liquidity

As of August 3, 2024 the company had:

•Cash and equivalents of $738 million compared to cash and equivalents of $901 million and $617 million as of February 3, 2024 and July 29, 2023, respectively.

•Inventories of $540 million compared to inventories of $469 million and $493 millionas of February 3, 2024 and July 29, 2023, respectively.

•No long-term gross borrowings as all of the company’s outstanding 8.75% senior secured notes due July 2025 (the “Senior Secured Notes”) were redeemed with cash on hand in the second quarter.

•Borrowing available under the senior-secured asset-based revolving credit facility (the “ABL Facility”)of $430 million.

•Liquidity, comprised of cash and equivalents and borrowing available under the ABL Facility, of approximately $1.2 billion. This compares to liquidity of $1.2 billion and $0.9 billion as of February 3, 2024 and July 29, 2023, respectively.

Cash Flow and Capital Allocation

Details related to the company’s cash flows for the year-to-date period ended August 3, 2024 are as follows:

•Net cash provided by operating activities of $260 million.

•Net cash used for investing activities of $97 million.

•Net cash used for financing activities of $327 million.

During the second quarter of 2024, the company completed the redemption of all its remaining outstanding Senior Secured Notes, which had an aggregate principal amount of $214 million. The Senior Secured Notes were redeemed using cash on hand at par value, plus accrued and unpaid interest.

During the second quarter of 2024, the company repurchased 84,054 shares for approximately $15 million. For the year-to-date period ended August 3, 2024, the company repurchased 203,518 shares for $30 million. The company has $202 million remaining on the share repurchase authorization established in November 2021.

Depreciation and amortization was $77 million for the year-to-date period ended August 3, 2024.

2

Fiscal 2024 Full Year Outlook

The following outlook replaces all previous full year guidance. For fiscal 2024, the company now expects:

•Net sales growth in the range of 12% to 13% from $4.3 billion in fiscal 2023. This is an increase to the previous outlook of around 10%. We expect Abercrombie brands will continue to outperform Hollister brands and the Americas will continue to lead the regional performance.The following table illustrates the expected quarterly and full year net sales and related basis point impact of the calendar shift and loss of one selling week in fiscal 2024 compared to fiscal 2023.

	Q1	Q2	Q3	Q4	Fiscal 2024
Net sales increase (decrease) (in millions)	$10	$30	$(10)	$(80)	$(50)
Basis point increase (decrease)	120	320	(90)	(550)	(120)

•Operating margin to be in the range of 14% to 15%. This range improves from the previous outlook of around 14%. We expect the year-over-year improvement to be driven by a higher gross profit rate and operating expense leverage.

•Effective tax rate to be in the mid-20s, with the rate being sensitive to the jurisdictional mix and level of income.

•Capital expenditures of approximately $170 million.

Fiscal 2024 Third Quarter Outlook

For the third quarter of fiscal 2024, the company expects:

•Net sales growth to be up low double-digits comparedto fiscal third quarter 2023 level of $1.06 billion.

•Operating margin to be in the in the range of 13% to 14% compared to an operating margin of 13.1% in Q3 2023.

•Effective tax rate to be mid-20s, with the rate being sensitive to the jurisdictional mix and level of income.

Conference Call

Today at 8:30 a.m. ET, the company will conduct a conference call and provide additional details around its quarterly results and its outlook for the third quarter. To access the call by phone, participants will need to register at the following URL address to obtain a dial-in number and passcode:

https://register.vevent.com/register/BI2194a9e5524444a4a59abcec78c2fc60

A presentation of second quarter results will be available in the “Investors” section at corporate.abercrombie.com at approximately 7:30 a.m. ET, today. Important information may be disseminated initially or exclusively via the website; investors should consult the site to access this information.

3

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

This Press Release and related statements by management or spokespeople of Abercrombie & Fitch Co. (A&F) contain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements, including, without limitation, statements regarding our third quarter and annual fiscal 2024 results, relate to our current assumptions, projections and expectations about our business and future events. Any such forward-looking statements involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the company’s control. The inclusion of such information should not be regarded as a representation by the company, or any other person, that the objectives of the company will be achieved. Words such as “estimate,” “project,” “plan,” “goal,” “believe,” “expect,” “anticipate,” “intend,” “should,” “are confident,” “will,” “could,” “outlook,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we assume no obligation to publicly update or revise any forward-looking statements, including any financial targets or estimates, whether as a result of new information, future events, or otherwise. Factors that may cause results to differ from those expressed in our forward-looking statements include, but are not limited to, the factors disclosed in Part I, Item 1A. “Risk Factors” of the company’s Annual Report on Form 10-K for the fiscal year ended February 3, 2024, and in our subsequent reports and filings with the Securities and Exchange Commission, as well as the following factors: risks related to changes in global economic and financial conditions, including inflation, and the resulting impact on consumer spending generally and on our operating results, financial condition, and expense management, and our ability to adequately mitigate the impact; risks related to the geopolitical landscape and conflicts, such as the recent attacks on marine vessels in the Red Sea, and the potential escalation of such conflicts and the impact of such conflicts on international trade, supplier delivery or increased freight costs, acts of terrorism, mass casualty events, social unrest, civil disturbance or disobedience; risks related to our failure to engage our customers, anticipate customer demand and changing fashion trends, and manage our inventory; risks related to our failure to operate effectively in a highly competitive and constantly evolving industry; risks related to our ability to execute on, and maintain the success of, our strategic and growth initiatives, including those outlined in our Always Forward Plan; risks related to fluctuations in foreign currency exchange rates; risks related to fluctuations in our tax obligations and effective tax rate, including as a result of earnings and losses generated from our global operations, may result in volatility in our results of operations; risks and uncertainty related to adverse public health developments; risks associated with climate change and other corporate responsibility issues; risks related to reputational harm to the company, its officers, and directors; risks related to actual or threatened litigation; risks related to cybersecurity threats and privacy or data security breaches; and the potential loss or disruption to our information systems.

Other Information

This document includes certain adjusted non-GAAP financial measures where management believes it to be helpful in understanding the company's results of operations or financial position. Additional details about non-GAAP financial measures and a reconciliation of GAAP financial measures to non-GAAP financial measures can be found in the "Reporting and Use of GAAP and Non-GAAP Measures" section. Sub-totals and totals may not foot due to rounding. Net income and net income per share financial measures included herein are attributable to Abercrombie & Fitch Co., excluding net income attributable to noncontrolling interests.

As used in this document, unless otherwise defined, "Abercrombie brands" refers to Abercrombie & Fitch and abercrombie kids and "Hollister brands" refers to Hollister and Gilly Hicks. Additionally, references to "Americas" includes North America and South America, "EMEA" includes Europe, the Middle East and Africa and "APAC" includes the Asia-Pacific region, including Asia and Oceania.

About Abercrombie & Fitch Co.

Abercrombie & Fitch Co. (NYSE: ANF) is a global, digitally led, omnichannel specialty retailer of apparel and accessories catering to kids through millennials with assortments curated for their specific lifestyle needs.

The company operates a family of brands, including Abercrombie & Fitch and Hollister, each sharing a commitment to offer products of enduring quality and exceptional comfort that support global customers on their journey to being and becoming who they are. Abercrombie & Fitch Co. operates approximately 750 stores under these brands across North America, Europe, Asia and the Middle East, as well as the e-commerce sites abercrombie.com, abercrombiekids.com, and HollisterCo.com.

Investor Contact:	Media Contact:
Mo Gupta	Kate Wagner
Abercrombie & Fitch Co.	Abercrombie & Fitch Co.
(614) 283-6751	(614) 283-6192
Investor_Relations@anfcorp.com	Public_Relations@anfcorp.com

4

Abercrombie & Fitch Co.
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(Unaudited)
	Thirteen Weeks Ended				Thirteen Weeks Ended
	August 3, 2024		% of Net Sales		July 29, 2023		% of Net Sales
Net sales	$	1,133,974	100.0	%	$	935,345	100.0	%
Cost of sales, exclusive of depreciation and amortization	397,712		35.1	%	350,965		37.5	%
Gross profit	736,262		64.9	%	584,380		62.5	%
Stores and distribution expense	390,233		34.4	%	352,730		37.7	%
Marketing, general and administrative expense	170,471		15.0	%	144,502		15.4	%
Other operating income, net	(67)		—	%	(2,694)		(0.3)	%
Operating income	175,625		15.5	%	89,842		9.6	%
Interest expense	5,189		0.5	%	7,635		0.8	%
Interest income	(10,392)		(0.9)	%	(6,538)		(0.7)	%
Interest (income) expense, net	(5,203)		(0.5)	%	1,097		0.1	%
Income before income taxes	180,828		15.9	%	88,745		9.5	%
Income tax expense	45,449		4.0	%	30,014		3.2	%
Net income	135,379		11.9	%	58,731		6.3	%
Less: Net income attributable to noncontrolling interests	2,211		0.2	%	1,837		0.2	%
Net income attributable to A&F	$	133,168	11.7	%	$	56,894	6.1	%
Net income per share attributable to A&F
Basic	$	2.60			$	1.13
Diluted	$	2.50			$	1.10
Weighted-average shares outstanding:
Basic	51,246				50,322
Diluted	53,279				51,548

5

Abercrombie & Fitch Co.
Condensed Consolidated Statements of Operations
(in thousands, except per share data)
(Unaudited)
	Twenty-Six Weeks Ended				Twenty-Six Weeks Ended
	August 3, 2024		% of Net Sales		July 29, 2023		% of Net Sales
Net sales	$	2,154,704	100.0	%	$	1,771,339	100.0	%
Cost of sales, exclusive of depreciation and amortization	740,985		34.4	%	677,165		38.2	%
Gross profit	1,413,719		65.6	%	1,094,174		61.8	%
Stores and distribution expense	761,919		35.4	%	688,779		38.9	%
Marketing, general and administrative expense	348,351		16.2	%	287,133		16.2	%
Other operating income, net	(2,025)		(0.1)	%	(5,588)		(0.3)	%
Operating income	305,474		14.2	%	123,850		7.0	%
Interest expense	10,969		0.5	%	15,093		0.9	%
Interest income	(21,195)		(1.0)	%	(10,553)		(0.6)	%
Interest (income) expense, net	(10,226)		(0.5)	%	4,540		0.3	%
Income before income taxes	315,700		14.7	%	119,310		6.7	%
Income tax expense	65,243		3.0	%	42,732		2.4	%
Net income	250,457		11.6	%	76,578		4.3	%
Less: Net income attributable to noncontrolling interests	3,439		0.2	%	3,113		0.2	%
Net income attributable to A&F	$	247,018	11.5	%	$	73,465	4.1	%
Net income per share attributable to A&F
Basic	$	4.84			$	1.47
Diluted	$	4.64			$	1.43
Weighted-average shares outstanding:
Basic	51,069				49,952
Diluted	53,277				51,535

6

Reporting and Use of GAAP and Non-GAAP Measures

The company believes that each of the non-GAAP financial measures presented are useful to investors as they provide a measure of the company’s operating performance excluding the effect of certain items which the company believes do not reflect its future operating outlook, such as asset impairment charges, therefore supplementing investors’ understanding of comparability of operations across periods. Management used these non-GAAP financial measures during the periods presented to assess the company’s performance and to develop expectations for future operating performance. Non-GAAP financial measures should be used supplemental to, and not as an alternative to, the company’s GAAP financial results, and may not be calculated in the same manner as similar measures presented by other companies.

The company provides comparable sales, defined as the percentage year-over-year change in the aggregate of: (1) sales for stores that have been open as the same brand at least one year and whose square footage has not been expanded or reduced by more than 20% within the past year, with prior year’s net sales converted at the current year’s foreign currency exchange rate to remove the impact of foreign currency rate fluctuation, and (2) digital net sales with prior year’s net sales converted at the current year’s foreign currency exchange rate to remove the impact of foreign currency rate fluctuation.

The company also provides certain financial information on a constant currency basis to enhance investors’ understanding of underlying business trends and operating performance, by removing the impact of foreign currency exchange rate fluctuations. The effect from foreign currency, calculated on a constant currency basis, is determined by applying current year average exchange rates to prior year results and is net of the year-over-year impact from hedging. The per diluted share effect from foreign currency is calculated using a 26% tax rate.

In addition, the company provides EBITDA and Adjusted EBITDA as supplemental measures used by the company's executive management to assess the company's performance. We also believe these supplemental performance measures are meaningful information for investors and other interested parties to use in computing the company's core financial performance over multiple periods and with other companies by excluding the impact of differences in tax jurisdictions, debt service levels and capital investment.

7

Abercrombie & Fitch Co.
Reconciliation of Constant Currency Financial Measures
Thirteen Weeks Ended August 3, 2024 and July 29, 2023
(in thousands, except percentage and basis point changes and per share data)
(Unaudited)
	2024		2023		% Change
Net sales
GAAP (1)	$	1,133,974	$	935,345	21%
Impact from changes in foreign currency exchange rates (2)	—		(2,370)		—
Net sales on a constant currency basis	$	1,133,974	$	932,975	22%
Gross profit	2024		2023		BPS Change (3)
GAAP (1)	$	736,262	$	584,380	240
Impact from changes in foreign currency exchange rates (2)	—		(120)		(10)
Gross profit on a constant currency basis	$	736,262	$	584,260	230
Operating income	2024		2023		BPS Change (3)
GAAP (1)	$	175,625	$	89,842	590
Impact from changes in foreign currency exchange rates (2)	—		(1,467)		10
Adjusted non-GAAP constant currency basis	$	175,625	$	88,375	600
Net income attributable to A&F	2024		2023		$ Change
GAAP (1)	$	2.50	$	1.10	$1.40
Impact from changes in foreign currency exchange rates (2)	—		(0.02)		0.02
Adjusted non-GAAP constant currency basis	$	2.50	$	1.08	$1.42

(1)    “GAAP” refers to accounting principles generally accepted in the United States of America.

(2)    The estimated impact from foreign currency is determined by applying current period exchange rates to prior year results and is net of the year-over-year impact from hedging. The per diluted share estimated impact from foreign currency is calculated using a 26% tax rate.

(3)    The estimated basis point change has been rounded based on the percentage change.

8

Abercrombie & Fitch Co.
Reconciliation of Constant Currency Net Sales by Geography and Brand
Thirteen Weeks Ended August 3, 2024 and July 29, 2023
(in thousands, except percentage changes)
(Unaudited)
	2024		2023						GAAP  % Change	Non-GAAP Constant Currency Basis % Change
	GAAP		GAAP		Impact From Changes In Foreign Currency Exchanges Rates (1)		Non-GAAP Constant  Currency Basis
Net sales by segment: (2)
Americas (3)	$	901,224	$	731,427	$	(833)	$	730,594	23%	23%
EMEA (4)	199,682		171,962		(413)		171,549		16%	16%
APAC (5)	33,068		31,956		(1,124)		30,832		3%	7%
Total company	$	1,133,974	$	935,345	$	(2,370)	$	932,975	21%	22%
	2024		2023						GAAP  % Change	Non-GAAP Constant Currency Basis % Change
	GAAP		GAAP		Impact From Changes In  Foreign Currency Exchanges Rates (1)		Non-GAAP Constant  Currency Basis
Net sales by brand:
Abercrombie (6)	$	582,416	$	462,711	$	(1,125)	$	461,586	26%	26%
Hollister (7)	551,558		472,634		(1,245)		471,389		17%	17%
Total company	$	1,133,974	$	935,345	$	(2,370)	$	932,975	21%	22%

(1)The estimated impact from foreign currency is determined by applying current period exchange rates to prior year results and is net of the year-over-year impact from hedging.

(2)Net sales by segment are presented by attributing revenues to an individual country on the basis of the segment that fulfills the order.

(3)The Americas segment includes the results of operations in North America and South America.

(4)The EMEA segment includes the results of operations in Europe, the Middle East and Africa.

(5)The APAC segment includes the results of operations in the Asia-Pacific region, including Asia and Oceania.

(6)For purposes of the above table, Abercrombie includes Abercrombie & Fitch and abercrombie kids.

(7)For purposes of the above table, Hollister includes Hollister and Gilly Hicks.

9

Abercrombie & Fitch Co.
Reconciliation of EBITDA and Adjusted EBITDA
Thirteen Weeks Ended August 3, 2024 and July 29, 2023
(in thousands)
(Unaudited)
	2024		% of Net Sales		2023		% of Net Sales
Net income	$	135,379	11.9	%	$	58,731	6.3	%
Income tax expense	45,449		4.0		30,014		3.2
Interest (income) expense, net	(5,203)		(0.5)		1,097		0.1
Depreciation and amortization	39,355		3.6		36,383		3.9
EBITDA (1)	$	214,980	19.0	%	$	126,225	13.5	%
Abercrombie & Fitch Co.
Schedule of Non-GAAP Financial Measures
Twenty-Six Weeks Ended August 3, 2024 and July 29, 2023
(in thousands)
(Unaudited)
	2024		% of Net Sales		2023		% of Net Sales
Net income	$	250,457	11.6	%	$	76,578	4.3	%
Income tax expense	65,243		3.0		42,732		2.4
Interest (income) expense, net	(10,226)		(0.5)		4,540		0.3
Depreciation and Amortization	77,044		3.7		72,411		4.1
EBITDA (1)	$	382,518	17.8	%	$	196,261	11.1	%
Adjustments to EBITDA
Asset impairment	—		—	%	4,436		0.3	%
Adjusted EBITDA (1)	$	382,518	17.8	%	$	200,697	11.4	%

(1)EBITDA and Adjusted EBITDA are supplemental financial measures that are not defined or prepared in accordance with GAAP. EBITDA is defined as net income before interest, income taxes and depreciation and amortization. Adjusted EBITDA is EBITDA adjusted for asset impairment.

10

Abercrombie & Fitch Co.
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited)
	August 3, 2024		February 3, 2024		July 29, 2023
Assets
Current assets:
Cash and equivalents	$	738,402	$	900,884	$	617,339
Receivables	115,077		78,346		112,597
Inventories	539,759		469,466		493,479
Other current assets	123,415		88,569		87,850
Total current assets	1,516,653		1,537,265		1,311,265
Property and equipment, net	552,453		538,033		553,680
Operating lease right-of-use assets	746,788		678,256		714,977
Other assets	233,664		220,679		216,792
Total assets	$	3,049,558	$	2,974,233	$	2,796,714
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$	406,756	$	296,976	$	323,197
Accrued expenses	422,484		436,655		375,544
Short-term portion of operating lease liabilities	202,840		179,625		191,700
Income taxes payable	19,576		53,564		46,039
Total current liabilities	1,051,656		966,820		936,480
Long-term liabilities:
Long-term portion of operating lease liabilities	$	688,006	$	646,624	$	692,046
Long-term borrowings, net	—		222,119		297,385
Other liabilities	88,746		88,683		92,019
Total long-term liabilities	776,752		957,426		1,081,450
Total Abercrombie & Fitch Co. stockholders’ equity	1,206,526		1,035,160		768,306
Noncontrolling interests	14,624		14,827		10,478
Total stockholders’ equity	1,221,150		1,049,987		778,784
Total liabilities and stockholders’ equity	$	3,049,558	$	2,974,233	$	2,796,714

11

Abercrombie & Fitch Co.
Condensed Consolidated Statements of Cash Flows
(in thousands, except per share data)
(Unaudited)
	Twenty-Six Weeks Ended
	August 3, 2024		July 29, 2023
Operating activities
Net cash provided by operating activities	$	260,119	$	216,328
Investing activities
Purchases of marketable securities	$	(15,000)	$	—
Purchases of property and equipment	(81,649)		(89,780)
Net cash used for investing activities	$	(96,649)	$	(89,780)
Financing activities
Redemption of senior secured notes	(223,331)		—
Payment of debt modification costs and fees	(2,716)		(17)
Purchases of common stock	(30,000)		—
Acquisition of common stock for tax withholding obligations	(67,225)		(18,769)
Other financing activities	(3,689)		(4,556)
Net cash used for financing activities	$	(326,961)	$	(23,342)
Effect of foreign currency exchange rates on cash	$	101	$	(3,672)
Net (decrease) increase in cash and equivalents, and restricted cash and equivalents	$	(163,390)	$	99,534
Cash and equivalents, and restricted cash and equivalents, beginning of period	$	909,685	$	527,569
Cash and equivalents, and restricted cash and equivalents, end of period	$	746,295	$	627,103

12

EX-99.2

Abercrombie & Fitch Co.
Financial Information
(Unaudited)
(in thousands, except per share data)
			Fiscal 2023										Fiscal 2024
	2022		Q1		Q2		Q3		Q4		2023		Q1		Q2		2024
Net sales	$	3,697,751	$	835,994	$	935,345	$	1,056,431	$	1,452,907	$	4,280,677	$	1,020,730	$	1,133,974	$	2,154,704
Cost of sales, exclusive of depreciation and amortization	1,593,213		326,200		350,965		370,762		539,338		1,587,265		343,273		397,712		740,985
Gross profit	2,104,538		509,794		584,380		685,669		913,569		2,693,412		677,457		736,262		1,413,719
Stores and distribution expense	1,496,962		336,049		352,730		383,883		499,075		1,571,737		371,686		390,233		761,919
Marketing, general and administrative expense	517,602		142,631		144,502		162,510		193,234		642,877		177,880		170,471		348,351
Other operating (income) loss, net	(2,674)		(2,894)		(2,694)		1,256		(1,541)		(5,873)		(1,958)		(67)		(2,025)
Operating income	92,648		34,008		89,842		138,020		222,801		484,671		129,849		175,625		305,474
Interest expense	30,236		7,458		7,635		8,568		6,691		30,352		5,780		5,189		10,969
Interest income	(4,604)		(4,015)		(6,538)		(7,897)		(11,530)		(29,980)		(10,803)		(10,392)		(21,195)
Interest (income) expense, net	25,632		3,443		1,097		671		(4,839)		372		(5,023)		(5,203)		(10,226)
Income before income taxes	67,016		30,565		88,745		137,349		227,640		484,299		134,872		180,828		315,700
Income tax expense	56,631		12,718		30,014		39,617		66,537		148,886		19,794		45,449		65,243
Net income	10,385		17,847		58,731		97,732		161,103		335,413		115,078		135,379		250,457
Less: Net income attributable to noncontrolling interests	7,569		1,276		1,837		1,521		2,656		7,290		1,228		2,211		3,439
Net income attributable to Abercrombie & Fitch Co.	$	2,816	$	16,571	$	56,894	$	96,211	$	158,447	$	328,123	$	113,850	$	133,168	$	247,018
Net income per share attributable to Abercrombie & Fitch Co.:
Basic	$0.06		$0.33		$1.13		$1.91		$3.13		$6.53		$2.24		$2.60		$4.84
Diluted	$0.05		$0.32		$1.10		$1.83		$2.97		$6.22		$2.14		$2.50		$4.64
Weighted-average shares outstanding:
Basic	50,307		49,574		50,322		50,504		50,559		50,250		50,893		51,246		51,069
Diluted	52,327		51,467		51,548		52,624		53,399		52,726		53,276		53,279		53,277

1

Abercrombie & Fitch Co.
Financial Information
(Unaudited)
		Fiscal 2023										Fiscal 2024
	2022	Q1		Q2		Q3		Q4		2023		Q1		Q2		2024
Segment comparable sales (1)
Americas comparable sales (2) (3)	Not provided	Not provided		14	%	16	%	17	%	13	%	21	%	18	%	19	%
EMEA comparable sales (2) (4)	Not provided	Not provided		6	%	15	%	10	%	7	%	23	%	17	%	19	%
APAC comparable sales (2) (5)	Not provided	Not provided		26	%	32	%	21	%	26	%	22	%	21	%	22	%
Comparable sales (2)	Not provided	3	%	13	%	16	%	16	%	13	%	21	%	18	%	19	%
Branded comparable sales
Abercrombie comparable sales (2) (6)	Not provided	14	%	23	%	26	%	28	%	23	%	29	%	21	%	25	%
Hollister comparable sales (2) (7)	Not provided	(6)	%	5	%	7	%	6	%	4	%	13	%	15	%	14	%
Comparable sales (2)	Not provided	3	%	13	%	16	%	16	%	13	%	21	%	18	%	19	%
(1) Net sales by segment are presented by attributing revenues to an individual country on the basis of the segment that fulfills the order.
(2) Comparable sales are calculated on a constant currency basis. Refer to "REPORTING AND USE OF GAAP AND NON-GAAP MEASURES," for further discussion. The Company did not provide comparable sales results for fiscal 2022 due to temporary store closures as a result of COVID-19.
(3) The Americas segment includes the results of operations in North America and South America.
(4) The EMEA segment includes the results of operations in Europe, the Middle East and Africa.
(5) The APAC segment includes the results of operations in the Asia-Pacific region, including Asia and Oceania.
(6) For purposes of the above table, Abercrombie includes Abercrombie & Fitch and abercrombie kids.
(7) For purposes of the above table, Hollister includes Hollister and Gilly Hicks.

2

EX-99.3

INVESTOR PRESENTATION: SECOND QUARTER 2024

Safe Harbor and Other Information 3 Company Overview 5 Q2 2024 Results 15 Appendix 21 2 TABLE OF CONTENTS

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This presentation contains forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements, including, without limitation, statements regarding our third quarter and annual fiscal 2024 results, relate to our current assumptions, projections and expectations about our business and future events. Any such forward-looking statements involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the company’s control. The inclusion of such information should not be regarded as a representation by the company, or any other person, that the objectives of the company will be achieved. Words such as “estimate,” “project,” “plan,” “goal,” “believe,” “expect,” “anticipate,” “intend,” “should,” “are confident,” “will,” “could,” “outlook,” and similar expressions may identify forward-looking statements. Except as may be required by applicable law, we assume no obligation to publicly update or revise any forward-looking statements, including any financial targets or estimates, whether as a result of new information, future events, or otherwise. Factors that may cause results to differ from those expressed in our forward-looking statements include, but are not limited to, the factors disclosed in Part I, Item 1A. “Risk Factors” of the company’s Annual Report on Form 10- K for the fiscal year ended February 3, 2024, and in our subsequent reports and filings with the Securities and Exchange Commission, as well as the following factors: risks related to changes in global economic and financial conditions, including inflation, and the resulting impact on consumer spending generally and on our operating results, financial condition, and expense management, and our ability to adequately mitigate the impact; risks related to the geopolitical landscape and conflicts, such as the recent attacks on marine vessels in the Red Sea, and the potential escalation of such conflicts and the impact of such conflicts on international trade, supplier delivery or increased freight costs, acts of terrorism, mass casualty events, social unrest, civil disturbance or disobedience; risks related to our failure to engage our customers, anticipate customer demand and changing fashion trends, and manage our inventory; risks related to our failure to operate effectively in a highly competitive and constantly evolving industry; risks related to our ability to execute on, and maintain the success of, our strategic and growth initiatives, including those outlined in our Always Forward Plan; risks related to fluctuations in foreign currency exchange rates; risks related to fluctuations in our tax obligations and effective tax rate, including as a result of earnings and losses generated from our global operations, may result in volatility in our results of operations; risks and uncertainty related to adverse public health developments; risks associated with climate change and other corporate responsibility issues; risks related to reputational harm to the company, its officers, and directors; risks related to actual or threatened litigation; risks related to cybersecurity threats and privacy or data security breaches; and the potential loss or disruption to our information systems. OTHER INFORMATION As used in this presentation, unless otherwise defined, references to "Abercrombie" and "Abercrombie Brands" includes Abercrombie & Fitch and abercrombie kids and references to "Hollister" and "Hollister Brands" includes Hollister and Gilly Hicks. Additionally, references to "Americas" includes North America and South America, "EMEA" includes Europe, the Middle East and Africa and "APAC" includes the Asia-Pacific region, including Asia and Oceania. 3

4 REPORTING AND USE OF GAAP AND NON-GAAP MEASURES The following presentation includes certain adjusted non-GAAP financial measures. Additional details about non-GAAP financial measures and a reconciliation of GAAP financial measures to non-GAAP financial measures is included in the Appendix to this presentation. As used in the presentation, "GAAP" refers to accounting principles generally accepted in the United States of America. Sub-totals and totals may not foot due to rounding. Net income and net income per share financial measures included herein are attributable to Abercrombie & Fitch Co., excluding net income attributable to noncontrolling interests. The company believes that each of the non-GAAP financial measures presented are useful to investors as they provide a measure of the company’s operating performance excluding the effect of certain items which the company believes do not reflect its future operating outlook, such as asset impairment charges, therefore supplementing investors’ understanding of comparability of operations across periods. Management used these non-GAAP financial measures during the periods presented to assess the company’s performance and to develop expectations for future operating performance. Non-GAAP financial measures should be used supplemental to, and not as an alternative to, the company’s GAAP financial results, and may not be calculated in the same manner as similar measures presented by other companies. The company provides comparable sales, defined as the percentage year-over-year change in the aggregate of: (1) sales for stores that have been open as the same brand at least one year and whose square footage has not been expanded or reduced by more than 20% within the past year, with prior year’s net sales converted at the current year’s foreign currency exchange rate to remove the impact of foreign currency rate fluctuation, and (2) digital net sales with prior year’s net sales converted at the current year’s foreign currency exchange rate to remove the impact of foreign currency rate fluctuation. The company also provides certain financial information on a constant currency basis to enhance investors’ understanding of underlying business trends and operating performance, by removing the impact of foreign currency exchange rate fluctuations. The effect from foreign currency, calculated on a constant currency basis, is determined by applying current year average exchange rates to prior year results and is net of the year-over-year impact from hedging. The per diluted share effect from foreign currency is calculated using a 26% tax rate.

5 Abercrombie & Fitch Co. is a global, digitally-led, omnichannel apparel and accessories retailer catering to kids through millennials with assortments curated for their specific lifestyle needs Our corporate purpose of 'We are here for you on the journey to being and becoming who you are' fuels our customer-led brands and our global associates

COMPANY OVERVIEW 6

$1.46B $1.29B $1.56B $1.73B $2.20B FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 60% 40% PRODUCT 247 GLOBAL NET SALES CUSTOMER VOICE EXPERIENCE STORES GLOBALLY (FY 2023) STORES DIGITAL +10% GROWTH CAGR NET SALES BY CHANNEL (FY 2023) POST GRAD LOVES TO TRAVEL FASHION OBSESSED DIGITALLY-LED TARGETING MILLENNIALS ~ ~ 7 NFL COLLECTION

EXPERIENCE $2.16B $1.83B $2.15B $1.96B $2.08B FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 8 518 PRODUCT CUSTOMER VOICE GLOBAL NET SALES NET SALES BY CHANNEL (FY 2023) 30% 70% STORES DIGITAL 2023 BACK TO GROWTH +6% Y/Y COMING INTO THEIR OWN COMFORT OBSESSED VALUE VERSATILITY FINANCIALLY RELIANT TARGETING GEN Z W/ MILLENNIAL PARENTS ~ ~ STORES GLOBALLY (FY 2023) FEEL GOOD FEST COLLEGIATE GRAPHICS SHOP

COMPANY OVERVIEW Fiscal 2017 - 2022 STABILIZE & TRANSFORM 9 FOCUS ON SUSTAINABLE, PROFITABLE GROWTH 2022: $3.7B Sales 3% Op Margin 2025 Target1: $4.1-$4.3B Sales 8%+ Op Margin Longer-Term Ambition1: $5B Sales 10%+ Op Margin 2023 - 2025 ALWAYS FORWARD PLAN BUILT ON YEARS OF TRANSFORMATION 2023 Results: $4.3B Sales 11% Op Margin BEYOND 2025 (1) As presented in our June 2022 Investor Day

COMPANY OVERVIEW $72 $127 $70 $(20) $343 $93 $485 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 $3.5 $3.6 $3.6 $3.1 $3.7 $3.7 $4.3 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 STABILIZE & TRANSFORM STABILIZE & TRANSFORM SALES & PROFITABILITY 10 Net Sales (in $ billions) Operating Income (Loss) (in $ millions) COVID CLOSURE IMPACT COVID CLOSURE IMPACT OP MARGIN 11%3%9%(1%)2%4%2%Y/Y GROWTH 16%0%19%(14%)1%3%5% EXPECT ~14% to 15% MARGINEXPECT ~12% to 13% GROWTH

COMPANY OVERVIEW ALWAYS FORWARD PLAN EXECUTE GLOBAL BRAND GROWTH PLANS •Data driven approach to store expansion •Grow brand lovers through digital marketing and social selling ACCELERATE AN ENTERPRISE-WIDE DIGITAL REVOLUTION •"Know Them Better" - continued expansion and acceleration of investments in customer analytics to improve customer engagement •"Wow Them Everywhere" - continued investments in people, systems, and processes to improve the end-to-end customer experience OPERATE WITH FINANCIAL DISCIPLINE •Operate with a more agile cost structure •Seek expense efficiencies while protecting investments in digital, technology and store growth 2025 TARGETS: $4.1B - $4.3B REVENUES 8%+ OPERATING MARGIN $600M MINIMUM FREE CASH FLOW GENERATION OVER 3 YEARS LONG-TERM GOAL OF $5B IN REVENUES AND A 10%+ OPERATING MARGIN 1 2 3 11 ALWAYS FORWARD PLAN INTRODUCED AT JUNE 2022 INVESTOR DAY ALWAYS FORWARD PLAN PILLARS

COMPANY OVERVIEW 1 PRODUCT GLOBAL BRAND GROWTH 12 COLLECTIONS & EXTENSIONS • Graphics Licensing • Activewear • A&F Best Dressed Guest DIGITAL CUSTOMER ACQUISITION • Influencer Channel • Social Commerce (Instagram, TikTok, WeChat) • Affiliate Sales GEOGRAPHIC EXPANSION • Localized Physical/Digital Experiences • Fuel Regional Growth (Americas, EMEA, APAC) • Digital Marketplaces VOICE EXPERIENCE

COMPANY OVERVIEW 13 • Lead with Personalization • Fast, Digital Product Testing • Real Estate Location Analytics • Modernize Foundation (Retail ERP, Data Infrastructure) • Consistent Omnichannel experience (Digital and In-Store) • Powerful, Modern Loyalty Program ENTERPRISE-WIDE DIGITAL REVOLUTION2

COMPANY OVERVIEW (1) Reflected as a percent of net sales. 14 $4.3B 62.9% 2023 51.7% 11.3% OPERATING EXPENSE (1) $4.1B-$4.3B 60% - 63% 52% - 53% 8%+OPERATING INCOME (1) GROSS PROFIT (1) NET SALES FINANCIAL DISCIPLINE3 $3.7B 56.9% 2022 54.5% 2.5% 2025 TARGET GROSS PROFIT RATE expansion from 2022 on improved AUR and lower freight costs OPERATING EXPENSE leverage from sales growth, net of expected inflation and investments in digital infrastructure, marketing 2023 SIGNIFICANT ACHIEVEMENT TO 2025 TARGETS

+590 BPS Y/Y GROSS MARGIN 64.9% 15.5% "We delivered a strong first half of the year, and we are increasing our full-year outlook. Although we continue to operate in an increasingly uncertain environment, we remain steadfast in executing our global playbook and maintaining discipline over inventory and expenses. We are on track and confident in our goal to deliver sustainable, profitable growth this year, while making strategic long- term investments across marketing, digital and technology and stores to enable future growth.” Fran Horowitz, CEO Abercrombie & Fitch Co. 15 2024 +21%Y/Y OPERATING MARGIN NET SALES GLOBAL SALES GROWTH FINANCIAL DISCIPLINE +240 BPS Y/Y $1.1B AMERICAS +23%Y/Y EMEA +16%Y/Y APAC +3%Y/Y Q2 UPDATE +26%Y/Y +17%Y/Y

2024 Q2 RESULTS $32 $31 $43 $36 $33 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 $731 $868 $1,191 $820 $901 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 $172 $158 $219 $165 $200 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 16 Americas Net Sales (in $ millions) EMEA Net Sales (in $ millions) APAC Net Sales (in $ millions) • Net sales up 23% to last year • Comparable sales up 18% to last year (1) • Net sales up 16% to last year • Comparable sales up 17% to last year (1) • Net sales up 3% to last year • Comparable sales up 21% to last year (1) (1) Comparable sales are calculated on a constant currency basis. Refer to "Reporting and Use of GAAP and Non-GAAP Measures" for further discussion. 2024 Q2 NET SALES RESULTS BY SEGMENT +23% Y/Y +16% Y/Y +3% Y/Y

2024 Q2 RESULTS $473 $509 $698 $449 $552 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 $935 $1,056 $1,453 $1,021 $1,134 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 $463 $548 $755 $572 $582 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 17 Total Company Net Sales (in $ millions) Abercrombie Brands Net Sales (in $ millions) Hollister Brands Net Sales (in $ millions) • Highest Q2 net sales in history • Net sales up 21% to last year • Comparable sales up 18% to last year(1) • Highest Q2 net sales in brand history • Consistent growth across genders, channels and geographies • 51% of total net sales • Highest Q2 net sales in brand history • Sales growth achieved across genders and channels • 49% of total net sales (1) Comparable sales are calculated on a constant currency basis. Refer to "Reporting and Use of GAAP and Non-GAAP Measures" for further discussion. 2024 Q2 NET SALES RESULTS BY BRAND +21% Y/Y +26% Y/Y +17% Y/Y

2024 Q2 RESULTS • Benefit from lower raw materials costs and AUR growth • Partially offset by higher freight costs 62.5% 64.9% 62.9% 66.4% 64.9% Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 $90 $138 $223 $130 $176 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 18 Gross Profit Rate (as a % of net sales) Operating Income (in $ millions) • Driven by 21% increase in sales compared to Q2 2023, along with gross profit rate expansion and expense leverage 2024 Q2 GROSS PROFIT/ OPERATING INCOME +240 bps Y/Y +$86M Y/Y

2024 Q2 RESULTS CASH & EQUIVALENTS • $738M as compared to $617M last year INVENTORIES • $540M, up 9.4% from last year • Clean, current inventory positioned to start the fall season SHORT-TERM BORROWINGS • No borrowings outstanding under the company's senior secured revolving credit facility ("ABL Facility") • $430M of borrowing available under ABL Facility as of August 3, 2024 GROSS LONG-TERM BORROWINGS • No borrowings outstanding compared with $300M last year; all remaining outstanding 8.75% Senior Secured Notes, due in July 2025, were redeemed in the second quarter TOTAL LIQUIDITY (1) • $1.2B as compared to $928M last year $493M $595M $469M $449M $538M Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 $0M $100M $200M $300M $400M $500M $600M $700M (1) Liquidity is comprised of cash and equivalents and borrowing available under the ABL Facility. 19 Inventory 2024 Q2 FINANCIAL POSITION

OUTLOOK 20 2024 FISCAL OUTLOOK PREVIOUS FULL YEAR OUTLOOK (1) Q3 2024 Q3 OUTLOOK NET SALES UP LOW DOUBLE-DIGITS OPERATING MARGIN IN THE RANGE OF 13% TO 14% EFFECTIVE TAX RATE MID-20S (1) The following outlook replaces all previous full year guidance. For fiscal 2024, the company now expects: FY 2024 CURRENT FULL YEAR OUTLOOK PREVIOUS FULL YEAR OUTLOOK (2) NET SALES IN THE RANGE OF 12% TO 13% (3) AROUND 10% (3) OPERATING MARGIN IN THE RANGE OF 14% TO 15% AROUND 14% EFFECTIVE TAX RATE MID-20S (4) MID-TO-HIGH 20s CAPITAL EXPENDITURES ~$170 MILLION ~$170 MILLION (1) This outlook assumes the continued inability to realize benefits on certain expected tax losses incurred outside of the U.S. (2) Released May 29, 2024. (3) Includes the adverse impact of $50 million from the loss of one selling week in Fiscal 2024. (4) The current outlook assumes the continued inability to realize benefits on certain expected tax losses incurred outside of the U.S., although to a lesser extent than than previously projected, primarily due to higher worldwide income levels.

21 APPENDIX

APPENDIX INCOME STATEMENT (1) Gross profit is derived from cost of sales, exclusive of depreciation and amortization. GAAP (in thousands) Q2 2024 % OF NET SALES Q2 2023 % OF NET SALES NET SALES $1,133,974 100.0% $935,345 100.0% GROSS PROFIT (1) 736,262 64.9% 584,380 62.5% OPERATING EXPENSE 560,704 49.4% 497,232 53.2% OTHER OPERATING INCOME, NET (67) 0.0% (2,694) (0.3)% OPERATING INCOME 175,625 15.5% 89,842 9.6% INTEREST (INCOME) EXPENSE, NET (5,203) (0.5)% 1,097 0.1% INCOME BEFORE INCOME TAXES 180,828 15.9% 88,745 9.5% INCOME TAX EXPENSE 45,449 4.0% 30,014 3.2% NET INCOME $133,168 11.7% $56,894 6.1% NET INCOME PER SHARE ATTRIBUTABLE TO A&F BASIC $2.60 $1.13 DILUTED $2.50 $1.10 WEIGHTED-AVERAGE SHARES BASIC 51,246 50,322 DILUTED 53,279 51,548 22

APPENDIX (in thousands) AUGUST 3, 2024 FEBRUARY 3, 2024 JULY 29, 2023 CASH AND EQUIVALENTS $738,402 $900,884 $617,339 RECEIVABLES 115,077 78,346 112,597 INVENTORIES 539,759 469,466 493,479 OTHER CURRENT ASSETS 123,415 88,569 87,850 TOTAL CURRENT ASSETS $1,516,653 $1,537,265 $1,311,265 PROPERTY AND EQUIPMENT, NET 552,453 538,033 553,680 OPERATING LEASE RIGHT-OF-USE ASSETS 746,788 678,256 714,977 OTHER ASSETS 233,664 220,679 216,792 TOTAL ASSETS $3,049,558 $2,974,233 $2,796,714 ACCOUNTS PAYABLE $406,756 $296,976 $323,197 ACCRUED EXPENSES 422,484 436,655 375,544 SHORT-TERM PORTION OF OPERATING LEASE LIABILITIES 202,840 179,625 191,700 INCOME TAXES PAYABLE 19,576 53,564 46,039 TOTAL CURRENT LIABILITIES $1,051,656 $966,820 $936,480 LONG-TERM PORTION OF OPERATING LEASE LIABILITIES 688,006 646,624 692,046 LONG-TERM BORROWINGS, NET — 222,119 297,385 OTHER LIABILITIES 88,746 88,683 92,019 TOTAL LONG-TERM LIABILITIES $776,752 $957,426 $1,081,450 TOTAL ABERCROMBIE & FITCH CO. STOCKHOLDERS EQUITY 1,206,526 1,035,160 768,306 NONCONTROLLING INTEREST 14,624 14,827 10,478 TOTAL STOCKHOLDERS' EQUITY $1,221,150 $1,049,987 $778,784 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $3,049,558 $2,974,233 $2,796,714 23 BALANCE SHEET

APPENDIX YEAR TO DATE PERIOD ENDED (in thousands) AUGUST 3, 2024 JULY 29, 2023 NET CASH PROVIDED BY OPERATING ACTIVITIES $260,119 $216,328 PURCHASES OF MARKETABLE SECURITIES (15,000) — PURCHASES OF PROPERTY AND EQUIPMENT (81,649) (89,780) NET CASH USED FOR INVESTING ACTIVITIES $(96,649) $(89,780) REDEMPTION OF SENIOR SECURED NOTES (223,331) — PAYMENT OF DEBT MODIFICATION COSTS AND FEES (2,716) (17) PURCHASES OF COMMON STOCK (30,000) — ACQUISITION OF COMMON STOCK FOR TAX WITHHOLDING OBLIGATIONS (67,225) (18,769) OTHER FINANCING ACTIVITIES (3,689) (4,556) NET CASH USED FOR FINANCING ACTIVITIES $(326,961) $(23,342) EFFECT OF FOREIGN CURRENCY EXCHANGE RATES ON CASH 101 (3,672) NET (DECREASE) INCREASE IN CASH AND EQUIVALENTS, AND RESTRICTED CASH AND EQUIVALENTS $(163,390) $99,534 CASH AND EQUIVALENTS, AND RESTRICTED CASH AND EQUIVALENTS, BEGINNING OF PERIOD $909,685 $527,569 CASH AND EQUIVALENTS, AND RESTRICTED CASH AND EQUIVALENTS, END OF PERIOD $746,295 $627,103 STATEMENT OF CASH FLOWS 24

APPENDIX SHARE REPURCHASES (1) (in thousands, except for average cost) NUMBER OF SHARES COST AVERAGE COST TOTAL FY 2021 10,200 $377,290 $36.99 $377,290 FY 2022 4,770 $125,775 $26.37 $125,775 FY 2023 — $— $— $— YTD 2024 204 $30,000 $147.41 $30,000 (in thousands) FY 2021 FY 2022 FY 2023 Q2 2024 ENDING SHARES OUTSTANDING 52,985 49,002 50,500 51,069 25 (1) As part of publicly announced plans or programs. SHARE REPURCHASES SINCE THE START OF 2021, THE COMPANY REPURCHASED APPROXIMATELY 15 MILLION SHARES FOR APPROXIMATELY $533 MILLION. THERE IS APPROXIMATELY $202 MILLION REMAINING UNDER OUR PREVIOUSLY AUTHORIZED SHARE REPURCHASE PROGRAM.

APPENDIX (1) The estimated impact from foreign currency is determined by applying current period exchange rates to prior year results and is net of the year-over-year (2) impact from hedging. The per diluted share estimated impact from foreign currency is calculated using a 26% tax rate. (3) Net sales by segment are presented by attributing revenues to an individual country on the basis of the segment that fulfills the order. (4) Abercrombie includes Abercrombie & Fitch and abercrombie kids. (5) Hollister includes Hollister and Gilly Hicks. (in thousands) Q2 2024 Q2 2023 GAAP Δ % NON-GAAP CONSTANT CURRENCY BASIS Δ %GAAP IMPACT FROM CHANGES IN FOREIGN CURRENCY EXCHANGE RATES (1) NON-GAAP CONSTANT CURRENCY BASIS NET SALES BY SEGMENT: (2) AMERICAS $901,224 $731,427 ($833) $730,594 23% 23% EMEA 199,682 171,962 (413) 171,549 16% 16% APAC 33,068 31,956 (1,124) 30,832 3% 7% TOTAL COMPANY $1,133,974 $935,345 ($2,370) $932,975 21% 22% (in thousands) Q2 2024 Q2 2023 GAAP Δ % NON-GAAP CONSTANT CURRENCY BASIS Δ % GAAP IMPACT FROM CHANGES IN FOREIGN CURRENCY EXCHANGE RATES (1) NON-GAAP CONSTANT CURRENCY BASIS NET SALES BY BRAND: ABERCROMBIE (3) $582,416 $462,711 ($1,125) $461,586 26% 26% HOLLISTER (4) 551,558 472,634 (1,245) 471,389 17% 17% TOTAL COMPANY $1,133,974 $935,345 ($2,370) $932,975 21% 22% RECONCILIATION OF GAAP TO NON-GAAP RESULTS 26 NET SALES BY GEOGRAPHY AND BRAND

APPENDIX RECONCILIATION OF GAAP TO NON-GAAP RESULTS NET SALES Q2 2024 Q2 2023 Δ % GAAP $1,133,974 $935,345 21% IMPACT FROM CHANGES IN FOREIGN CURRENCY EXCHANGE RATES (1) — (2,370) 0% NON-GAAP CONSTANT CURRENCY BASIS $1,133,974 $932,975 22% GROSS PROFIT Q2 2024 Q2 2023 Δ BPS (2) GAAP $736,262 $584,380 240 IMPACT FROM CHANGES IN FOREIGN CURRENCY EXCHANGE RATES (1) — (120) (10) NON-GAAP CONSTANT CURRENCY BASIS $736,262 $584,260 230 OPERATING INCOME Q2 2024 Q2 2023 Δ BPS (2) GAAP $175,625 $89,842 590 IMPACT FROM CHANGES IN FOREIGN CURRENCY EXCHANGE RATES (1) — (1,467) 10 ADJUSTED NON-GAAP CONSTANT CURRENCY BASIS $175,625 $88,375 600 NET INCOME PER DILUTED SHARE Q2 2024 Q2 2023 Δ $ GAAP $2.50 $1.10 $1.40 IMPACT FROM CHANGES IN FOREIGN CURRENCY EXCHANGE RATES (1) — (0.02) 0.02 ADJUSTED NON-GAAP CONSTANT CURRENCY BASIS $2.50 $1.08 $1.42 (1) The impact from foreign currency is determined by applying current period exchange rates to prior year results and is net of the year-over-year impact from hedging. The per diluted share impact from foreign currency is calculated using a 26% tax rate. (2) The estimated basis point impact has been rounded based on the percentage change. 27 STATEMENT OF OPERATIONS

EX-99.4

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Cover	Aug. 28, 2024
Cover [Abstract]
Entity Registrant Name	Abercrombie & Fitch Co.
Document Type	8-K
Document Period End Date	Aug. 28, 2024
Entity Incorporation, State or Country Code	DE
Entity File Number	1-12107
Entity Tax Identification Number	31-1469076
Entity Address, Address Line One	6301 Fitch Path
Entity Address, City or Town	New Albany
Entity Address, State or Province	OH
Entity Address, Postal Zip Code	43054
City Area Code	(614)
Local Phone Number	283-6500
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Class A Common Stock, $0.01 Par Value
Trading Symbol	ANF
Security Exchange Name	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0001018840
Amendment Flag	false