ABERCROMBIE FITCH CO DE
For the period ended Aug 3, 2024. Filed Sep 6, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Aug 3, 2024 · Filed Sep 6, 2024
ANF$154.00+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Operations and Comprehensive Income
| Thirteen Weeks Ended | Twenty-Six Weeks Ended | |||
|---|---|---|---|---|
| August 3, 2024 | July 29, 2023 | August 3, 2024 | July 29, 2023 | |
| Net sales | $1,133,974 | $935,345 | $2,154,704 | $1,771,339 |
| Cost of sales, exclusive of depreciation and amortization | 397,712 | 350,965 | 740,985 | 677,165 |
| Gross profit | 736,262 | 584,380 | 1,413,719 | 1,094,174 |
| Stores and distribution expense | 390,233 | 352,730 | 761,919 | 688,779 |
| Marketing, general and administrative expense | 170,471 | 144,502 | 348,351 | 287,133 |
| Other operating income, net | (67) | (2,694) | (2,025) | (5,588) |
| Operating income | 175,625 | 89,842 | 305,474 | 123,850 |
| Interest expense | 5,189 | 7,635 | 10,969 | 15,093 |
| Interest income | (10,392) | (6,538) | (21,195) | (10,553) |
| Interest (income) expense, net | (5,203) | 1,097 | (10,226) | 4,540 |
| Income before income taxes | 180,828 | 88,745 | 315,700 | 119,310 |
| Income tax expense | 45,449 | 30,014 | 65,243 | 42,732 |
| Net income | 135,379 | 58,731 | 250,457 | 76,578 |
| Less: Net income attributable to noncontrolling interests | 2,211 | 1,837 | 3,439 | 3,113 |
| Net income attributable to A&F | $133,168 | $56,894 | $247,018 | $73,465 |
| Net income per share attributable to A&F | ||||
| Basic | $2.60 | $1.13 | $4.84 | $1.47 |
| Diluted | $2.50 | $1.10 | $4.64 | $1.43 |
| Weighted-average shares outstanding | ||||
| Basic | 51,246 | 50,322 | 51,069 | 49,952 |
| Diluted | 53,279 | 51,548 | 53,277 | 51,535 |
| Other comprehensive income (loss) | ||||
| Foreign currency translation adjustments, net of tax | $3,441 | $(3,836) | $1,604 | $(3,525) |
| Derivative financial instruments, net of tax | (1,150) | 2,242 | (627) | 2,647 |
| Other comprehensive income (loss) | 2,291 | (1,594) | 977 | (878) |
| Comprehensive income | 137,670 | 57,137 | 251,434 | 75,700 |
| Less: Comprehensive income attributable to noncontrolling interests | 2,211 | 1,837 | 3,439 | 3,113 |
| Comprehensive income attributable to A&F | $135,459 | $55,300 | $247,995 | $72,587 |
| Abercrombie & Fitch Co. | 3 | 2024 2Q Form 10-Q |
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