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June sales at Abercrombie & Fitch show a decline
11 Jul '08
2 min read
Abercrombie & Fitch reported net sales of $309.7 million for the five-week period ended July 5, 2008, a 6% increase over net sales of $293.2 million for the five-week period ended July 7, 2007. June comparable store sales decreased 3%.
Total Company direct-to-consumer net sales increased 21% to $20.3 million for the five-week period ended July 5, 2008, compared to the five-week period ended July 7, 2007.
Year-to-date, the Company reported a net sales increase of 7% to $1.343 billion from $1.251 billion last year. Comparable store sales decreased 3% for the year-to-date period. Year-to-date, the Company reported that direct-to-consumer net sales increased 37% to $100.1 million.
June 2008 Developments:
- Total Company net sales increased 6%
- Total Company direct-to-consumer net sales increased 21%
- Total Company comparable store sales decreased 3%
- Abercrombie & Fitch comparable store sales increased 3%
- abercrombie comparable store sales decreased 8%
- Hollister Co comparable store sales decreased 8%
- RUEHL comparable store sales decreased 18%
The Company operated 352 Abercrombie & Fitch stores, 208 abercrombie stores, 471 Hollister Co stores, 23 RUEHL stores and five Gilly Hicks stores in the United States at the end of fiscal June.
The Company operated three Abercrombie & Fitch stores and three Hollister Co. stores in Canada, and one Abercrombie & Fitch store in London, England.
Total Company direct-to-consumer net sales increased 21% to $20.3 million for the five-week period ended July 5, 2008, compared to the five-week period ended July 7, 2007.
Year-to-date, the Company reported a net sales increase of 7% to $1.343 billion from $1.251 billion last year. Comparable store sales decreased 3% for the year-to-date period. Year-to-date, the Company reported that direct-to-consumer net sales increased 37% to $100.1 million.
June 2008 Developments:
- Total Company net sales increased 6%
- Total Company direct-to-consumer net sales increased 21%
- Total Company comparable store sales decreased 3%
- Abercrombie & Fitch comparable store sales increased 3%
- abercrombie comparable store sales decreased 8%
- Hollister Co comparable store sales decreased 8%
- RUEHL comparable store sales decreased 18%
The Company operated 352 Abercrombie & Fitch stores, 208 abercrombie stores, 471 Hollister Co stores, 23 RUEHL stores and five Gilly Hicks stores in the United States at the end of fiscal June.
The Company operated three Abercrombie & Fitch stores and three Hollister Co. stores in Canada, and one Abercrombie & Fitch store in London, England.
Abercrombie & Fitch
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