Leading specialty retailer Abercrombie & Fitch Co reported unaudited results which reflected record third quarter net income of $71.6 million and net income per share on a fully- diluted basis of $0.79 for the third quarter ended October 29, 2005, including the after-tax effect of a $0.09 per share non-recurring charge.
Excluding the charge, the Company's third quarter non-GAAP net income was $79.8 million, or $0.88 per fully diluted share.
Reconciliation to GAAP results of certain non- GAAP measures contained in this release is set forth in the attached schedule.
Total Company net sales increased 35 percent to $704.9 million; comparable store sales increased by 25 percent.
The Board of Directors declared a quarterly cash dividend of $0.175 per share on the Class A Common Stock of Abercrombie & Fitch Co. payable on December 20, 2005 to shareholders of record at the close of business on November 29, 2005.
Abercrombie & Fitch stores operates 354, 163 abercrombie stores, 297 Hollister stores, and six RUEHL stores at the end of the third quarter 2005.
The Company operates e-commerce websites at www.abercrombie.com, www.abercrombiekids.com, and www.hollisterco.com.
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