Abercrombie & Fitch direct-to-consumer net sales jump in Feb
09 Mar '07
2 min read
Abercrombie & Fitch reported net sales of $206.6 million for the four-week period ended March 3, 2007, a 7% increase over net sales of $192.7 million for the four-week period ended February 25, 2006.
February comparable store sales decreased 6%. Total Company direct-to-consumer net sales increased 32% to $12.2 million for the four-week period ended March 3, 2007, compared to the four-week period ended February 25, 2006.
February 2007 Developments: • Total Company net sales increased 7% • Total Company direct-to-consumer net sales increased 32% • Total Company comparable store sales decreased 6% • Abercrombie & Fitch comparable store sales decreased 4% • abercrombie comparable store sales decreased 4% • Hollister Co. comparable store sales decreased 9% • RUEHL comparable store sales decreased 12%
London Flagship: On March 22, 2007, the Company plans to open its first European location, a flagship in London, at 7 Burlington Gardens. The Company will hold a security analyst tour of the store on March 20, 2007 at 10:00 AM GMT. Analysts interested in attending the event should contact Jill Swansegar.
The Company operated 358 Abercrombie & Fitch stores, 178 abercrombie stores, 392 Hollister Co. stores and 15 RUEHL stores in the United States at the end of fiscal February. The Company also operated three Abercrombie & Fitch stores and three Hollister Co. stores in Canada.
marketing@alchempro.com
