ABERCROMBIE & FITCH CO /DE/
For the period ended Jan 31, 2026. Filed Mar 26, 2026.
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FY2026 · Filed Mar 26, 2026
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INVENTORIES
- INVENTORIES
Inventories consisted of:
| (in thousands) | January 31, 2026 | February 1, 2025 |
|---|---|---|
| Inventories at original cost | $636,288 | $603,602 |
| Less: Lower of cost and net realizable value adjustment | (35,070) | (28,597) |
| Inventories (1) | $601,218 | $575,005 |
(1) Included $111.7 million and $115.0 million of inventory in transit, merchandise owned by the Company that has not yet been received at a Company DC, as of January 31, 2026 and February 1, 2025, respectively.
A summary of the Company’s vendors based on location and the percentage of cost of merchandise receipts during Fiscal 2025, Fiscal 2024 and Fiscal 2023 follows:
| % of Total Company Merchandise Receipts (1) | |||
|---|---|---|---|
| Location | Fiscal 2025 | Fiscal 2024 | Fiscal 2023 |
| Vietnam | 37% | 35% | 34% |
| Cambodia | 26 | 22 | 19 |
| India | 11 | 12 | 12 |
| Other (2) | 26 | 31 | 35 |
| Total | 100% | 100% | 100% |
(1)Calculated as the cost of merchandise receipts from all vendors within a country during the respective fiscal year divided by cost of total merchandise receipts during the respective fiscal year.
(2) No country included within this category sourced more than 10% of total merchandise receipts during any fiscal year presented above.
Refer to Note 2,“SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Inventories,” for discussion regarding significant accounting policies related to the Company’s inventories.
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