Abercrombie & Fitch (ANF) 8-K Company Reaffirms Outlook for Second Half of the Year

Exhibit 99.2

Abercrombie & Fitch Co.
Condensed Consolidated Statements of Income
(Unaudited)
Thirteen Weeks Ended November 3, 2007 and Thirteen Weeks Ended October 28, 2006
(in thousands, except per share data)

	ACTUAL						ACTUAL
	2007			% of Sales			2006			% of Sales
Net Sales	$	973,930			100.0	%	$	863,448			100.0	%
Cost of Goods Sold		328,887			33.8	%		295,250			34.2	%
Gross Profit		645,043			66.2	%		568,198			65.8	%
Total Stores and Distribution Expense		355,770			36.5	%		308,456			35.7	%
Total Marketing, General and Administrative Expense		103,996			10.7	%		97,167			11.3	%
Other Operating Income, Net		(1,310	)		-0.1	%		(266	)		0.0	%
Operating Income		186,587			19.2	%		162,841			18.9	%
Interest Income, Net		(4,618	)		-0.5	%		(3,252	)		-0.4	%
Income Before Income Taxes		191,205			19.6	%		166,093			19.2	%
Income Tax Expense		73,620			7.6	%		64,062			7.4	%
Effective Rate		38.5	%					38.6	%
Net Income	$	117,585			12.1	%	$	102,031			11.8	%
Net Income Per Share:
Basic	$	1.35					$	1.16
Diluted	$	1.29					$	1.11
Weighted-Average Shares Outstanding:
Basic		86,895						88,106
Diluted		91,133						92,146

Abercrombie & Fitch Co.
Condensed Consolidated Statements of Income
(Unaudited)
Thirty-Nine Weeks Ended November 3, 2007 and Thirty-Nine Weeks Ended October 28, 2006
(in thousands, except per share data)

	ACTUAL						ACTUAL
	2007			% of Sales			2006			% of Sales
Net Sales	$	2,520,878			100.0	%	$	2,179,415			100.0	%
Cost of Goods Sold		835,128			33.1	%		726,043			33.3	%
Gross Profit		1,685,750			66.9	%		1,453,372			66.7	%
Total Stores and Distribution Expense		998,425			39.6	%		837,302			38.4	%
Total Marketing, General and Administrative Expense		292,611			11.6	%		272,206			12.5	%
Other Operating Income, Net		(8,715	)		-0.3	%		(5,392	)		-0.2	%
Operating Income		403,429			16.0	%		349,256			16.0	%
Interest Income, Net		(12,472	)		-0.5	%		(9,183	)		-0.4	%
Income Before Income Taxes		415,901			16.5	%		358,439			16.4	%
Income Tax Expense		156,960			6.2	%		134,445			6.2	%
Effective Rate		37.7	%					37.5	%
Net Income	$	258,941			10.3	%	$	223,994			10.3	%
Net Income Per Share:
Basic	$	2.96					$	2.55
Diluted	$	2.82					$	2.44
Weighted-Average Shares Outstanding:
Basic		87,623						87,982
Diluted		91,937						91,675

Abercrombie & Fitch Co.
Condensed Consolidated Balance Sheets
(in thousands)

	(Unaudited)
	November 3, 2007		February 3, 2007
ASSETS
Current Assets
Cash and Equivalents	$	83,514	$	81,959
Marketable Securities		277,704		447,793
Receivables		65,282		43,240
Inventories		407,123		427,447
Deferred Income Taxes		35,369		33,170
Other Current Assets		73,293		58,469
Total Current Assets		942,285		1,092,078
Property and Equipment, Net		1,286,606		1,092,282
Other Assets		80,247		63,707
TOTAL ASSETS	$	2,309,138	$	2,248,067
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current Liabilities
Accounts Payable and Outstanding Checks	$	197,212	$	128,310
Accrued Expenses		260,453		260,219
Deferred Lease Credits		37,489		35,423
Income Taxes Payable		20,773		86,675
Total Current Liabilities		515,927		510,627
Long-Term Liabilities
Deferred Income Taxes		18,176		30,394
Deferred Lease Credits		216,481		203,943
Other Liabilities		152,836		97,806
Total Long-Term Liabilities		387,493		332,143
Total Shareholders’ Equity		1,405,718		1,405,297
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	2,309,138	$	2,248,067

ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)

PERIOD	2004							2005							2006							2007
															(53 week year)
	(% Change)				(Total)			(% Change)				(Total)			(% Change)				(Total)			(% Change)				(Total)
1. Sales	(Comp Stores)				(% Change)			(Comp Stores)				(% Change)			(Comp Stores)				(% Change)			(Comp Stores)				(% Change)
1st Qtr		0	%	411,930		19	%		19	%	546,810		33	%		6	%	657,271		20	%		-4	%	742,410		13	%
2nd Qtr		-5	%	401,346		13	%		30	%	571,591		42	%		0	%	658,696		15	%		-2	%	804,538		22	%
3rd Qtr		1	%	520,724		17	%		25	%	704,918		35	%		5	%	863,448		22	%		1	%	973,930		13	%
4th Qtr		9	%	687,254		23	%		28	%	961,392		40	%		-3	%	1,138,744		18	%
Year		2	%	2,021,253		18	%		26	%	2,784,711		38	%		2	%	3,318,158		19	%
6 Mos		-3	%	813,276		16	%		24	%	1,118,401		38	%		3	%	1,315,967		18	%		-3	%	1,546,948		18	%
9 Mos		-1	%	1,333,999		16	%		24	%	1,823,319		37	%		4	%	2,179,415		20	%		-1	%	2,520,878		16	%
2. Cost of Goods Sold					(% of Sales)							(% of Sales)							(% of Sales)							(% of Sales)
1st Qtr				144,006		35.0	%				189,558		34.7	%				227,355		34.6	%				255,141		34.4	%
2nd Qtr				120,429		30.0	%				181,931		31.8	%				203,438		30.9	%				251,100		31.2	%
3rd Qtr				184,107		35.4	%				239,832		34.0	%				295,250		34.2	%				328,887		33.8	%
4th Qtr				231,487		33.7	%				321,974		33.5	%				383,109		33.6	%
Year				680,029		33.6	%				933,295		33.5	%				1,109,152		33.4	%
6 Mos				264,435		32.5	%				371,489		33.2	%				430,793		32.7	%				506,241		32.7	%
9 Mos				448,542		33.6	%				611,321		33.5	%				726,043		33.3	%				835,128		33.1	%
3. Gross Profit					(% of Sales)							(% of Sales)							(% of Sales)							(% of Sales)
1st Qtr				267,924		65.0	%				357,252		65.3	%				429,915		65.4	%				487,269		65.6	%
2nd Qtr				280,917		70.0	%				389,660		68.2	%				455,258		69.1	%				553,438		68.8	%
3rd Qtr				336,617		64.6	%				465,086		66.0	%				568,198		65.8	%				645,043		66.2	%
4th Qtr				455,767		66.3	%				639,418		66.5	%				755,635		66.4	%
Year				1,341,225		66.4	%				1,851,416		66.5	%				2,209,006		66.6	%
6 Mos				548,841		67.5	%				746,912		66.8	%				885,173		67.3	%				1,040,707		67.3	%
9 Mos				885,457		66.4	%				1,211,998		66.5	%				1,453,372		66.7	%				1,685,750		66.9	%

Q4 2006 Results are based on 14-week quarter

ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)

PERIOD	2004						2005						2006						2007
													(53 week year)
4. Total Stores and Distribution Expense				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr		165,515			40.2	%		222,223			40.6	%		258,352			39.3	%		308,238			41.5	%
2nd Qtr		160,515			40.0	%		232,097			40.6	%		270,494			41.1	%		334,417			41.6	%
3rd Qtr		188,381			36.2	%		252,947			35.9	%		308,456			35.7	%		355,770			36.5	%
4th Qtr		223,833			32.6	%		293,488			30.5	%		349,770			30.7	%
Year		738,244			36.5	%		1,000,755			35.9	%		1,187,071			35.8	%
6 Mos		326,030			40.1	%		454,320			40.6	%		528,846			40.2	%		642,655			41.5	%
9 Mos		514,411			38.6	%		707,267			38.8	%		837,302			38.4	%		998,425			39.6	%
5. Total Marketing, General and Administrative Expense				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr		55,784			13.5	%		67,146			12.3	%		89,699			13.6	%		90,175			12.1	%
2nd Qtr		51,703			12.9	%		67,884			11.9	%		85,340			13.0	%		98,440			12.2	%
3rd Qtr		86,273			16.6	%		97,644			13.9	%		97,167			11.3	%		103,996			10.7	%
4th Qtr		66,076			9.6	%		80,783			8.4	%		101,623			8.9	%
Year		259,836			12.9	%		313,457			11.3	%		373,828			11.3	%
6 Mos		107,488			13.2	%		135,030			12.1	%		175,039			13.3	%		188,615			12.2	%
9 Mos		193,760			14.5	%		232,674			12.8	%		272,206			12.5	%		292,611			11.6	%
6. Other Operating Income, Net				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr		(95	)		0.0	%		(406	)		-0.1	%		(2,121	)		-0.3	%		(3,854	)		-0.5	%
2nd Qtr		(63	)		0.0	%		(1,408	)		-0.2	%		(3,005	)		-0.5	%		(3,551	)		-0.4	%
3rd Qtr		(15	)		0.0	%		(1,379	)		-0.2	%		(266	)		0.0	%		(1,310	)		-0.1	%
4th Qtr		(4,317	)		-0.6	%		(2,341	)		-0.2	%		(4,592	)		-0.4	%
Year		(4,490	)		-0.2	%		(5,534	)		-0.2	%		(9,983	)		-0.3	%
6 Mos		(158	)		0.0	%		(1,814	)		-0.2	%		(5,126	)		-0.4	%		(7,405	)		-0.5	%
9 Mos		(174	)		0.0	%		(3,193	)		-0.2	%		(5,392	)		-0.2	%		(8,715	)		-0.3	%

Q4 2006 Results are based on 14-week quarter

ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)

PERIOD	2004						2005						2006						2007
													(53 week year)
7. Operating Income				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr		46,720			11.3	%		68,289			12.5	%		83,985			12.8	%		92,710			12.5	%
2nd Qtr		68,762			17.1	%		91,087			15.9	%		102,429			15.6	%		124,132			15.4	%
3rd Qtr		61,978			11.9	%		115,874			16.4	%		162,841			18.9	%		186,587			19.2	%
4th Qtr		170,175			24.8	%		267,488			27.8	%		308,834			27.1	%
Year		347,635			17.2	%		542,738			19.5	%		658,090			19.8	%
6 Mos		115,483			14.2	%		159,376			14.3	%		186,415			14.2	%		216,842			14.0	%
9 Mos		177,460			13.3	%		275,250			15.1	%		349,256			16.0	%		403,429			16.0	%
8. Interest Income, Net				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr		(985	)		-0.2	%		(1,220	)		-0.2	%		(3,166	)		-0.5	%		(3,711	)		-0.5	%
2nd Qtr		(1,358	)		-0.3	%		(1,560	)		-0.3	%		(2,765	)		-0.4	%		(4,143	)		-0.5	%
3rd Qtr		(1,574	)		-0.3	%		(1,516	)		-0.2	%		(3,252	)		-0.4	%		(4,618	)		-0.5	%
4th Qtr		(1,299	)		-0.2	%		(2,376	)		-0.2	%		(4,714	)		-0.4	%
Year		(5,216	)		-0.3	%		(6,672	)		-0.2	%		(13,896	)		-0.4	%
6 Mos		(2,343	)		-0.3	%		(2,780	)		-0.2	%		(5,931	)		-0.5	%		(7,854	)		-0.5	%
9 Mos		(3,919	)		-0.3	%		(4,296	)		-0.2	%		(9,183	)		-0.4	%		(12,472	)		-0.5	%
9. Pre-tax Income				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr		47,707			11.6	%		69,509			12.7	%		87,151			13.3	%		96,421			13.0	%
2nd Qtr		70,120			17.5	%		92,647			16.2	%		105,194			16.0	%		128,275			15.9	%
3rd Qtr		63,552			12.2	%		117,390			16.7	%		166,093			19.2	%		191,205			19.6	%
4th Qtr		171,474			25.0	%		269,864			28.1	%		313,548			27.5	%
Year		352,853			17.5	%		549,410			19.7	%		671,986			20.3	%
6 Mos		117,827			14.5	%		162,156			14.5	%		192,346			14.6	%		224,696			14.5	%
9 Mos		181,379			13.6	%		279,546			15.3	%		358,439			16.4	%		415,901			16.5	%

Q4 2006 Results are based on 14-week quarter

ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)

PERIOD	2004						2005						2006						2007
													(53 week year)
10. Taxes				(Tax Rate)						(Tax Rate)						(Tax Rate)						(Tax Rate)
1st Qtr			18,390		38.5	%			29,150		41.9	%			30,911		35.5	%			36,340		37.7	%
2nd Qtr			27,232		38.8	%			35,246		38.0	%			39,472		37.5	%			47,000		36.6	%
3rd Qtr			23,641		37.2	%			45,790		39.0	%			64,062		38.6	%			73,620		38.5	%
4th Qtr			67,214		39.2	%			105,240		39.0	%			115,356		36.8	%
Year			136,477		38.7	%			215,426		39.2	%			249,800		37.2	%
6 Mos			45,622		38.7	%			64,396		39.7	%			70,383		36.6	%			83,340		37.1	%
9 Mos			69,263		38.2	%			110,186		39.4	%			134,445		37.5	%			156,960		37.7	%
11. Net Income				(% of Sales)						(% of Sales)						(% of Sales)						(% of Sales)
1st Qtr			29,317		7.1	%			40,359		7.4	%			56,240		8.6	%			60,081		8.1	%
2nd Qtr			42,888		10.7	%			57,401		10.0	%			65,722		10.0	%			81,275		10.1	%
3rd Qtr			39,911		7.7	%			71,600		10.2	%			102,031		11.8	%			117,585		12.1	%
4th Qtr			104,260		15.2	%			164,624		17.1	%			198,192		17.4	%
Year			216,376		10.7	%			333,984		12.0	%			422,186		12.7	%
6 Mos			72,205		8.9	%			97,760		8.7	%			121,963		9.3	%			141,356		9.1	%
9 Mos			112,116		8.4	%			169,360		9.3	%			223,994		10.3	%			258,941		10.3	%
12. Net Income				(% Increase)						(% Increase)						(% Increase)						(% Increase)
1st Qtr			29,317		13.7	%			40,359		37.7	%			56,240		39.3	%			60,081		6.8	%
2nd Qtr			42,888		24.2	%			57,401		33.8	%			65,722		14.5	%			81,275		23.7	%
3rd Qtr			39,911		-20.1	%			71,600		79.4	%			102,031		42.5	%			117,585		15.2	%
4th Qtr			104,260		10.2	%			164,624		57.9	%			198,192		20.4	%
Year			216,376		5.6	%			333,984		54.4	%			422,186		26.4	%
6 Mos			72,205		19.7	%			97,760		35.4	%			121,963		24.8	%			141,356		15.9	%
9 Mos			112,116		1.7	%			169,360		51.1	%			223,994		32.3	%			258,941		15.6	%
13. Net Income per Diluted Share				(% Increase)						(% Increase)						(% Increase)						(% Increase)
1st Qtr		$	0.30		15.4	%		$	0.45		50.0	%		$	0.62		37.8	%		$	0.65		5.0	%
2nd Qtr		$	0.44		29.4	%		$	0.63		43.2	%		$	0.72		14.4	%		$	0.88		22.2	%
3rd Qtr		$	0.42		-16.0	%		$	0.79		88.1	%		$	1.11		40.5	%		$	1.29		16.2	%
4th Qtr		$	1.15		18.6	%		$	1.80		56.5	%		$	2.14		18.9	%
Year		$	2.28		10.7	%		$	3.66		60.5	%		$	4.59		25.4	%
6 Mos		$	0.74		23.3	%		$	1.07		44.6	%		$	1.34		25.2	%		$	1.53		14.2	%
9 Mos		$	1.16		5.5	%		$	1.87		61.2	%		$	2.44		30.5	%		$	2.82		15.6	%

Q4 2006 Results are based on 14-week quarter

ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)

PERIOD	2004					2005					2006					2007
											(53 week year)
14. Weighted-Average Shares Outstanding (Diluted)
1st Qtr		96,872					89,800					91,327					92,292
2nd Qtr		97,590					91,501					91,178					92,294
3rd Qtr		95,351					90,458					92,146					91,133
4th Qtr		90,750					91,275					92,572
Year		95,110					91,221					92,010
6 Mos		97,118					90,946					91,274					92,369
9 Mos		96,522					90,422					91,675					91,937
15. Actual Shares Outstanding — End of Period
1st Qtr		94,788					86,324					87,958					87,867
2nd Qtr		95,773					88,707					88,038					88,292
3rd Qtr		90,556					87,606					88,192					86,050
4th Qtr		86,040					87,726					88,300
16. Number of Stores — End of Period			(% Increase)					(% Increase)					(% Increase)					(% Increase)
1st Qtr		706		17.3	%		783		10.9	%		846		8.0	%		954		12.8	%
2nd Qtr		727		16.3	%		804		10.6	%		880		9.5	%		984		11.8	%
3rd Qtr		764		17.4	%		820		7.3	%		912		11.2	%		1,014		11.2	%
4th Qtr		788		12.6	%		851		8.0	%		944		10.9	%
17. Gross Square Feet — End of Period			(% Increase)					(% Increase)					(% Increase)					(% Increase)
1st Qtr		5,065		15.3	%		5,573		10.0	%		5,974		7.2	%		6,774		13.4	%
2nd Qtr		5,192		14.4	%		5,674		9.3	%		6,220		9.6	%		6,994		12.4	%
3rd Qtr		5,439		15.5	%		5,789		6.4	%		6,441		11.3	%		7,188		11.6	%
4th Qtr		5,591		11.4	%		6,025		7.8	%		6,694		11.1	%

Q4 2006 Results are based on 14-week quarter