Direct-to-consumer net sales go up at lifestyle clothing firm
09 Feb '07
2 min read
Abercrombie & Fitch reported net sales of $252.3 million for the five-week period ended February 3, 2007, a 37% increase over net sales of $184.3 million for the four-week period ended January 28, 2006.
Total Company direct-to- consumer net sales increased 66% to $18.3 million for the five-week period ended February 3, 2007 compared to the four-week period ended January 28, 2006.
Due to the 53rd week in Fiscal 2006, January comparable store sales are compared to the five-week period ended February 4, 2006. January comparable store sales decreased 6%.
For the fifty-three week fiscal year ended February 3, 2007, the Company reported a net sales increase of 19% to $3.318 billion from $2.785 billion for the fifty-two week period ended January 28, 2006.
Total Company direct-to- consumer net sales increased 42% to $174.1 million for the fifty-three week period ended February 3, 2007 compared to the fifty-two week period ended January 28, 2006. Due to the 53rd week in Fiscal 2006, full-year comparable store sales are compared to the fifty-three week period ended February 4, 2006. Fiscal 2006 comparable store sales increased 2%.
January 2007 Developments
- Total Company net sales increased 37%
- Total Company direct-to-consumer net sales increased 66%
- Total Company comparable store sales decreased 6%
- Abercrombie & Fitch comparable store sales decreased 8%
- abercrombie comparable store sales decreased 2%
- Hollister Co comparable store sales decreased 5%
- RUEHL comparable store sales increased 18%
The Company operated 357 Abercrombie & Fitch stores, 177 abercrombie stores, 390 Hollister Co stores and 14 RUEHL stores in the United States at the end of fiscal January. The Company also operated three Abercrombie & Fitch stores and three Hollister Co. stores in Canada.
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