Abercrombie & Fitch reports Sept sales increase of 29%
05 Oct '06
1 min read
Abercrombie & Fitch reported net sales of $295.3 million for the five-week period ended September 30, 2006, a 29 percent increase over last year's September net sales of $228.3 million.
September comparable store sales increased 10 percent compared to the five-week period ended October 1, 2005.
Year-to-date, the Company reported a net sales increase of 20 percent to $1.963 billion from $1.634 billion last year. Comparable store sales increased 5 percent for the year-to-date period.
In August, the Company gave guidance for the second-half of fiscal 2006 of net income per share on a fully-diluted basis to be in the range of $3.15 to $3.20, including a charge of approximately $0.02 attributable to FAS 123.
The Company now expects its fully-diluted net income per share for the second half of 2006 to be in the range of $3.25 to $3.30, including a charge of approximately $0.02 attributable to FAS 123.
Based upon this guidance, the Company now expects its fully-diluted net income per share for the year to be in the range of $4.59 to $4.64, including approximately $0.10 attributable to FAS 123.
marketing@alchempro.com
