Abercrombie & Fitch Co. Reports Strong Q1 2025 Results

Abercrombie & Fitch Company ( (ANF) ) has released its Q1 earnings. Here is a breakdown of the information Abercrombie & Fitch Company presented to its investors.

Abercrombie & Fitch Co. is a global specialty retailer known for its apparel and accessories, catering to a wide demographic from kids to millennials, with a strong presence in North America, Europe, Asia, and the Middle East. The company operates under the Abercrombie and Hollister brands, focusing on delivering quality and comfort through both physical stores and e-commerce platforms.

In the first quarter of fiscal 2025, Abercrombie & Fitch Co. reported record net sales of $1.1 billion, marking an 8% increase from the previous year, surpassing expectations. The growth was driven by a strong performance in the Hollister brand, which saw a 22% increase in sales, while the Abercrombie brand experienced a 4% decline. The company also repurchased 2.6 million shares, representing a 5% reduction in outstanding shares.

Key financial metrics highlight a robust performance, with an operating margin of 9.3% and earnings per share of $1.59. The company saw net sales growth across all regions, with the Americas up 7%, EMEA up 12%, and APAC up 5%. Despite a decrease in operating income from $130 million to $102 million, the company maintained a strong liquidity position with approximately $940 million available.

Looking ahead, Abercrombie & Fitch Co. remains focused on top-line growth, store expansion, and digital investments to ensure sustainable long-term success. The company anticipates net sales growth between 3% to 6% for fiscal 2025, with an operating margin expected to range from 12.5% to 13.5%. Strategic initiatives include continued share repurchases and capital expenditures aimed at enhancing their retail footprint and digital capabilities.