Abercrombie & Fitch reported net sales of $267.3 million for the four-week period ended November 29, 2008, a 24% decrease from net sales of $352.3 million for the four-week period ended December 1, 2007. November comparable store sales decreased 28%. Total Company direct-to-consumer net sales decreased 28% to $23.7 million for the four-week period ended November 29, 2008, compared to the four-week period ended December 1, 2007.
Year-to-date, the Company reported a net sales decrease of 2% to $2.810 billion from $2.873 billion last year. Comparable store sales decreased 10% for the year-to-date period. Year-to-date, the Company reported that direct- to-consumer net sales increased 9% to $199.6 million.
November 2008 Developments
- Total Company net sales decreased 24%
- Total Company direct-to-consumer net sales decreased 28%
- Total Company comparable store sales decreased 28%
- Abercrombie & Fitch comparable store sales decreased 25%
- abercrombie comparable store sales decreased 35%
- Hollister Co. comparable store sales decreased 29%
- RUEHL comparable store sales decreased 29%
The Company operated 353 Abercrombie & Fitch stores, 211 abercrombie stores, 501 Hollister Co. stores, 27 RUEHL stores and 13 Gilly Hicks stores in the United States at the end of fiscal October. The Company operates three Abercrombie & Fitch stores, two abercrombie stores, five Hollister Co. stores in Canada, and one Abercrombie & Fitch store and one Hollister Co. store in London, England.