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Hollister comparable store sales decrease

05 Sep '08
1 min read

Abercrombie & Fitch reported net sales of $405.5 million for the four-week period ended August 30, 2008, a 5% decrease over net sales of $425.4 million for the four-week period ended September 1, 2007.

August comparable store sales decreased 11%. Total Company direct-to-consumer net sales decreased 8% to $18.9 million for the four-week period ended August 30, 2008, compared to the four-week period ended September 1, 2007.

Year-to-date, the Company reported a net sales increase of 4% to $2.051 billion from $1.972 billion last year. Comparable store sales decreased 5% for the year-to-date period. Year-to-date, the Company reported that direct- to-consumer net sales increased 25% to $137.3 million.

August 2008 Developments
• Total Company net sales decreased 5%
• Total Company direct-to-consumer net sales decreased 8%
• Total Company comparable store sales decreased 11%
• Abercrombie & Fitch comparable store sales decreased 5%
• abercrombie comparable store sales decreased 17%
• Hollister Co comparable store sales decreased 14%
• RUEHL comparable store sales decreased 25%

The Company operated 352 Abercrombie & Fitch stores, 209 abercrombie stores, 486 Hollister Co stores, 25 RUEHL stores and 10 Gilly Hicks stores in the United States at the end of fiscal August.

Abercrombie & Fitch

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