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.