Abercrombie & Fitch reports Dec net sales rise 15%
08 Jan '07
1 min read
Abercrombie & Fitch reported net sales of $603.6 million for the five-week period ended December 30, 2006, a 15% increase over last year's December net sales of $525.9 million.
December comparable store sales decreased 1% compared to the five-week period ended December 31, 2005. Total Company direct-to- consumer net sales increased 61% to $38.1 million for the five-week period ended December 30, 2006.
Year-to-date, the Company reported a net sales increase of 18% to $3.066 billion from $2.600 billion last year. Comparable store sales increased 2% for the year-to-date period. Year-to-date, total Company direct-to-consumer net sales increased 40% to $155.8 million.
December 2006 Developments:
-Total Company net sales increased 15%
-Total Company direct-to-consumer net sales increased 61%
-Total Company comparable store sales decreased 1%
-Abercrombie & Fitch comparable store sales decreased 6%
-Abercrombie comparable store sales increased 6%
-Hollister Co. comparable store sales increased 3%
-RUEHL comparable store sales increased 3%
The Company operated 360 Abercrombie & Fitch stores, 175 abercrombie stores, 380 Hollister Co. stores and 14 RUEHL stores in the United States at the end of fiscal December. The Company operated three Abercrombie & Fitch stores and three Hollister Co. stores in Canada.
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