Record-Breaking Revenue and Growth
Second quarter net sales reached a record $1.2 billion, growing 7% over last year and exceeding top and bottom line expectations. The company delivered its 11th consecutive quarter of growth.
Strong Performance in the Americas and APAC
The Americas achieved its 12th consecutive quarter of growth with net sales up 8%. APAC continued to perform well, growing 12%.
Hollister Brand Success
Hollister brands delivered record first half sales with net sales growing 19% in the second quarter on strong cross-channel traffic and comparable sales.
Share Repurchase Program
Abercrombie & Fitch repurchased $50 million of stock this quarter, totaling $250 million in repurchases so far this year.
Partnership with NFL
Abercrombie & Fitch announced a partnership with the NFL, becoming an Official NFL Fashion Partner, a first for a league sponsor.