Abercrombie & Fitch (NYSE: ANF) through its subsidiaries operates as a specialty retailer of casual apparel for men, women, and kids, recently announced first quarter 2008 earnings results. The company operates 353 Abercrombie & Fitch stores, 202 Abercrombie stores, 457 Hollister Co. stores, 23 RUEHL stores and 5 Gilly Hicks stores in the United States at the end of fiscal April.
The company reported net sales of $241 million for the four-week period ended May 3, 2008, an 18% increase over net sales of $204.6 million for the four-week period ended May 5, 2007. Year-to-date, Abercrombie & Fitch has reported a net sales increase of 8% to $800.1 million from $742.4 million last year. Comparable store sales decreased 3% for the year-to-date period.
Abercrombie & Fitch will release its first quarter results on Friday, May 16, 2008, prior to the open of the market and hold its conference call at 8:30 a.m. Eastern Time. During the call, the company will provide additional information regarding its first quarter results. To listen to the conference call, dial (800) 811-0667 or go to www.abercrombie.com.
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