Abercrombie & Fitch Co.
Financial Information
(Unaudited)
(in thousands, except per share data)
			Fiscal 2024										Fiscal 2025
	2023		Q1		Q2		Q3		Q4		2024		Q1		Q2		2025
Net sales	$	4,280,677	$	1,020,730	$	1,133,974	$	1,208,966	$	1,584,917	$	4,948,587	$	1,097,311	$	1,208,560	$	2,305,871
Cost of sales, exclusive of depreciation and amortization	1,587,265		343,273		397,712		422,034		610,907		1,773,926		417,133		451,590		868,723
Selling expense	1,533,438		360,018		382,557		420,990		526,423		1,689,988		399,937		375,356		775,293
General and administrative expense	681,176		189,548		178,147		188,246		194,544		750,485		174,925		175,325		350,250
Other operating (income) loss, net	(5,873)		(1,958)		(67)		(1,586)		(3,021)		(6,632)		3,783		(369)		3,414
Operating income	484,671		129,849		175,625		179,282		256,064		740,820		101,533		206,658		308,191
Interest expense	30,352		5,780		5,189		569		539		12,077		661		620		1,281
Interest income	(29,980)		(10,803)		(10,392)		(9,302)		(9,437)		(39,934)		(7,444)		(3,094)		(10,538)
Interest (income) expense, net	372		(5,023)		(5,203)		(8,733)		(8,898)		(27,857)		(6,783)		(2,474)		(9,257)
Income before income taxes	484,299		134,872		180,828		188,015		264,962		768,677		108,316		209,132		317,448
Income tax expense	148,886		19,794		45,449		54,151		75,267		194,661		26,577		65,744		92,321
Net income	335,413		115,078		135,379		133,864		189,695		574,016		81,739		143,388		225,127
Less: Net income attributable to noncontrolling interests	7,290		1,228		2,211		1,885		2,469		7,793		1,326		2,005		3,331
Net income attributable to Abercrombie & Fitch Co.	$	328,123	$	113,850	$	133,168	$	131,979	$	187,226	$	566,223	$	80,413	$	141,383	$	221,796
Net income per share attributable to Abercrombie & Fitch Co.:
Basic	$6.53		$2.24		$2.60		$2.59		$3.72		$11.14		$1.63		$2.97		$4.58
Diluted	$6.22		$2.14		$2.50		$2.50		$3.57		$10.69		$1.59		$2.91		$4.47
Weighted-average shares outstanding:
Basic	50,250		50,893		51,246		50,951		50,265		50,839		49,214		47,550		48,382
Diluted	52,726		53,276		53,279		52,869		52,461		52,971		50,634		48,551		49,592

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Abercrombie & Fitch Co.
Financial Information
(Unaudited)
			Fiscal 2024										Fiscal 2025
	2023		Q1		Q2		Q3		Q4		2024		Q1		Q2		2025
Comparable sales by segment: (1)
Americas comparable sales (2) (3)	13	%	21	%	18	%	16	%	15	%	17	%	4	%	5	%	5	%
EMEA comparable sales (2) (4)	7	%	23	%	17	%	13	%	12	%	16	%	6	%	(5)	%	—	%
APAC comparable sales (2) (5)	26	%	22	%	21	%	16	%	17	%	19	%	2	%	1	%	2	%
Comparable sales (2)	13	%	21	%	18	%	16	%	14	%	17	%	4	%	3	%	4	%
Comparable sales by brand family:
Abercrombie comparable sales (2)	23	%	29	%	21	%	11	%	5	%	15	%	(10)	%	(11)	%	(10)	%
Hollister comparable sales (2)	4	%	13	%	15	%	21	%	24	%	19	%	23	%	19	%	20	%
Comparable sales (2)	13	%	21	%	18	%	16	%	14	%	17	%	4	%	3	%	4	%
(1) Comparable sales by segment are presented by attributing revenues to a physical store location or geographical region 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.

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