Leading specialty retailer Abercrombie & Fitch Co reported net sales of $525.9 million for the five-week period ended December 31, 2005, a 41 percent increase over last year's December net sales of $373.2 million.
December comparable store sales increased 29 percent compared with the five-week period ended January 1, 2005.
Year-to-date, the Company reported a net sales increase of 37 percent to $2.600 billion from $1.895 billion last year.
Comparable store sales increased 25 percent for the year-to-date period.
December 2005 Highlights
- Total Company net sales increased 41 percent
- Total Company comparable store sales increased 29 percent
- Abercrombie & Fitch comparable store sales increased 19 percent
- abercrombie comparable store sales increased 59 percent
- Hollister Co. comparable store sales increased 36 percent
Earnings Guidance: Based on its year-to-date results, the Company now expects net income per share on a fully-diluted basis for fiscal 2005, including the previously reported non-recurring third quarter charge, to be in the range of $3.58 to $3.63.
Excluding the previously reported non-recurring third quarter charge, the Company now expects net income per share on a fully- diluted basis for fiscal 2005 to be in the range of $3.67 to $3.72.
The Company recently was informed that the Securities and Exchange Commission ("SEC") has issued a formal order of investigation concerning trading in shares of the Company's Class A Common Stock, the same subject matter as the SEC's informal inquiry that the Company previously disclosed.
marketing@alchempro.com
