ABERCROMBIE FITCH CO DE
For the period ended May 4, 2024. Filed Jun 7, 2024.
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May 4, 2024 · Filed Jun 7, 2024
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PROPERTY AND EQUIPMENT, NET
- PROPERTY AND EQUIPMENT, NET
The following table provides property and equipment, net as of May 4, 2024 and February 3, 2024:
| (in thousands) | May 4, 2024 | February 3, 2024 |
|---|---|---|
| Property and equipment, at cost | $2,529,429 | $2,509,184 |
| Less: Accumulated depreciation and amortization | (1,988,732) | (1,971,151) |
| Property and equipment, net | $540,697 | $538,033 |
Refer to Note 8, “ASSET IMPAIRMENT,” for details related to property and equipment impairment charges incurred during the thirteen weeks ended May 4, 2024 and thirteen weeks ended April 29, 2023.
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