Exhibit 99.2
Abercrombie & Fitch Co.
Condensed Consolidated Statements of Income
(Unaudited)
Thirteen Weeks Ended February 2, 2008 and Fourteen Weeks Ended February 3, 2007
(in thousands, except per share data)
Condensed Consolidated Statements of Income
(Unaudited)
Thirteen Weeks Ended February 2, 2008 and Fourteen Weeks Ended February 3, 2007
(in thousands, except per share data)
ACTUAL | ACTUAL | |||||||||||||||
2007 | % of Sales | 2006 | % of Sales | |||||||||||||
Net Sales | $ | 1,228,969 | 100.0 | % | $ | 1,138,744 | 100.0 | % | ||||||||
Cost of Goods Sold | 403,352 | 32.8 | % | 383,109 | 33.6 | % | ||||||||||
Gross Profit | 825,617 | 67.2 | % | 755,635 | 66.4 | % | ||||||||||
Total Stores and Distribution Expense | 388,421 | 31.6 | % | 349,770 | 30.7 | % | ||||||||||
Total Marketing, General and Administrative Expense | 103,147 | 8.4 | % | 101,623 | 8.9 | % | ||||||||||
Other Operating Income, Net | (3,019 | ) | -0.2 | % | (4,592 | ) | -0.4 | % | ||||||||
Operating Income | 337,068 | 27.4 | % | 308,834 | 27.1 | % | ||||||||||
Interest Income, Net | (6,356 | ) | -0.5 | % | (4,714 | ) | -0.4 | % | ||||||||
Income Before Income Taxes | 343,424 | 27.9 | % | 313,548 | 27.5 | % | ||||||||||
Income Tax Expense | 126,668 | 10.3 | % | 115,356 | 10.1 | % | ||||||||||
Effective Rate | 36.9 | % | 36.8 | % | ||||||||||||
Net Income | $ | 216,756 | 17.6 | % | $ | 198,192 | 17.4 | % | ||||||||
Net Income Per Share: | ||||||||||||||||
Basic | $ | 2.52 | $ | 2.25 | ||||||||||||
Diluted | $ | 2.40 | $ | 2.14 | ||||||||||||
Weighted-Average Shares Outstanding: | ||||||||||||||||
Basic | 86,122 | 88,159 | ||||||||||||||
Diluted | 90,235 | 92,572 |
Abercrombie & Fitch Co.
Condensed Consolidated Statements of Income
(Unaudited)
Fifty-Two Weeks Ended February 2, 2008 and Fifty-Three Weeks Ended February 3, 2007
(in thousands, except per share data)
Condensed Consolidated Statements of Income
(Unaudited)
Fifty-Two Weeks Ended February 2, 2008 and Fifty-Three Weeks Ended February 3, 2007
(in thousands, except per share data)
ACTUAL | ACTUAL | |||||||||||||||
2007 | % of Sales | 2006 | % of Sales | |||||||||||||
Net Sales | $ | 3,749,847 | 100.0 | % | $ | 3,318,158 | 100.0 | % | ||||||||
Cost of Goods Sold | 1,238,480 | 33.0 | % | 1,109,152 | 33.4 | % | ||||||||||
Gross Profit | 2,511,367 | 67.0 | % | 2,209,006 | 66.6 | % | ||||||||||
Total Stores and Distribution Expense | 1,386,846 | 37.0 | % | 1,187,071 | 35.8 | % | ||||||||||
Total Marketing, General and Administrative Expense | 395,758 | 10.6 | % | 373,828 | 11.3 | % | ||||||||||
Other Operating Income, Net | (11,734 | ) | -0.3 | % | (9,983 | ) | -0.3 | % | ||||||||
Operating Income | 740,497 | 19.7 | % | 658,090 | 19.8 | % | ||||||||||
Interest Income, Net | (18,828 | ) | -0.5 | % | (13,896 | ) | -0.4 | % | ||||||||
Income Before Income Taxes | 759,325 | 20.2 | % | 671,986 | 20.3 | % | ||||||||||
Income Tax Expense | 283,628 | 7.6 | % | 249,800 | 7.5 | % | ||||||||||
Effective Rate | 37.4 | % | 37.2 | % | ||||||||||||
Net Income | $ | 475,697 | 12.7 | % | $ | 422,186 | 12.7 | % | ||||||||
Net Income Per Share: | ||||||||||||||||
Basic | $ | 5.45 | $ | 4.79 | ||||||||||||
Diluted | $ | 5.20 | $ | 4.59 | ||||||||||||
Weighted-Average Shares Outstanding: | ||||||||||||||||
Basic | 87,248 | 88,052 | ||||||||||||||
Diluted | 91,523 | 92,010 |
Abercrombie & Fitch Co.
Condensed Consolidated Balance Sheets
(in thousands)
Condensed Consolidated Balance Sheets
(in thousands)
(Unaudited) | ||||||||
February 2, 2008 | February 3, 2007 | |||||||
ASSETS | ||||||||
Current Assets | ||||||||
Cash and Equivalents | $ | 118,044 | $ | 81,959 | ||||
Marketable Securities | 530,486 | 447,793 | ||||||
Receivables | 53,801 | 43,240 | ||||||
Inventories | 333,153 | 427,447 | ||||||
Deferred Income Taxes | 36,128 | 33,170 | ||||||
Other Current Assets | 68,643 | 58,469 | ||||||
Total Current Assets | 1,140,255 | 1,092,078 | ||||||
Property and Equipment, Net | 1,318,291 | 1,092,282 | ||||||
Other Assets | 109,052 | 63,707 | ||||||
TOTAL ASSETS | $ | 2,567,598 | $ | 2,248,067 | ||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | ||||||||
Current Liabilities | ||||||||
Accounts Payable and Outstanding Checks | $ | 151,798 | $ | 128,310 | ||||
Accrued Expenses | 280,910 | 260,219 | ||||||
Deferred Lease Credits | 37,925 | 35,423 | ||||||
Income Taxes Payable | 72,480 | 86,675 | ||||||
Total Current Liabilities | 543,113 | 510,627 | ||||||
Long-Term Liabilities | ||||||||
Deferred Income Taxes | 22,491 | 30,394 | ||||||
Deferred Lease Credits | 213,739 | 203,943 | ||||||
Other Liabilities | 169,942 | 97,806 | ||||||
Total Long-Term Liabilities | 406,172 | 332,143 | ||||||
Total Shareholders’ Equity | 1,618,313 | 1,405,297 | ||||||
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ | 2,567,598 | $ | 2,248,067 | ||||
ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
2006 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
PERIOD | 2004 | 2005 | (53 week year) | 2007 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
(% 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 | % | -1 | % | 1,228,969 | 8 | % | ||||||||||||||||||||||||||||||||||||
Year | 2 | % | 2,021,253 | 18 | % | 26 | % | 2,784,711 | 38 | % | 2 | % | 3,318,158 | 19 | % | -1 | % | 3,749,847 | 13 | % | ||||||||||||||||||||||||||||||||||||
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 | % | 403,352 | 32.8 | % | ||||||||||||||||||||||||
Year | 680,029 | 33.6 | % | 933,295 | 33.5 | % | 1,109,152 | 33.4 | % | 1,238,480 | 33.0 | % | ||||||||||||||||||||||||
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 | % | 825,617 | 67.2 | % | ||||||||||||||||||||||||
Year | 1,341,225 | 66.4 | % | 1,851,416 | 66.5 | % | 2,209,006 | 66.6 | % | 2,511,367 | 67.0 | % | ||||||||||||||||||||||||
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 | % |
ABERCROMBIE & FITCH
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
PERIOD | 2004 | 2005 | 2006 53 Week year | 2007 | ||||||||||||||||||||||||||||||||
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 | % | 388,421 | 31.6 | % | ||||||||||||||||||||||||
Year | 738,244 | 36.5 | % | 1,000,755 | 35.9 | % | 1,187,071 | 35.8 | % | 1,386,846 | 37.0 | % | ||||||||||||||||||||||||
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 | % | 103,147 | 8.4 | % | ||||||||||||||||||||||||
Year | 259,836 | 12.9 | % | 313,457 | 11.3 | % | 373,828 | 11.3 | % | 395,758 | 10.6 | % | ||||||||||||||||||||||||
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 | % | (3,019 | ) | -0.2 | % | ||||||||||||||||||||
Year | (4,490 | ) | -0.2 | % | (5,534 | ) | -0.2 | % | (9,983 | ) | -0.3 | % | (11,734 | ) | -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)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
2006 | |||||||||||||||||||||||||||||||||||||
PERIOD | 2004 | 2005 | (53 week year) | 2007 | |||||||||||||||||||||||||||||||||
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 | % | 337,068 | 27.4 | % | |||||||||||||||||||||||||
Year | 347,635 | 17.2 | % | 542,738 | 19.5 | % | 658,090 | 19.8 | % | 740,497 | 19.7 | % | |||||||||||||||||||||||||
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 | % | (6,356 | ) | -0.5 | % | |||||||||||||||||||||
Year | (5,216 | ) | -0.3 | % | (6,672 | ) | -0.2 | % | (13,896 | ) | -0.4 | % | (18,828 | ) | -0.5 | % | |||||||||||||||||||||
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 | % | 343,424 | 27.9 | % | |||||||||||||||||||||||||
Year | 352,853 | 17.5 | % | 549,410 | 19.7 | % | 671,986 | 20.3 | % | 759,325 | 20.2 | % | |||||||||||||||||||||||||
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)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
2006 | |||||||||||||||||||||||||||||||||||||
PERIOD | 2004 | 2005 | (53 week year) | 2007 | |||||||||||||||||||||||||||||||||
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 | % | 126,668 | 36.9 | % | |||||||||||||||||||||||||
Year | 136,477 | 38.7 | % | 215,426 | 39.2 | % | 249,800 | 37.2 | % | 283,628 | 37.4 | % | |||||||||||||||||||||||||
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 | % | 216,756 | 17.6 | % | |||||||||||||||||||||||||
Year | 216,376 | 10.7 | % | 333,984 | 12.0 | % | 422,186 | 12.7 | % | 475,697 | 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 | % | 216,756 | 9.4 | % | |||||||||||||||||||||||||
Year | 216,376 | 5.6 | % | 333,984 | 54.4 | % | 422,186 | 26.4 | % | 475,697 | 12.7 | % | |||||||||||||||||||||||||
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 | % | $ | 2.40 | 12.1 | % | |||||||||||||||||||||
Year | $ | 2.28 | 10.7 | % | $ | 3.66 | 60.5 | % | $ | 4.59 | 25.4 | % | $ | 5.20 | 13.3 | % | |||||||||||||||||||||
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)
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS, RATIOS AND STORE DATA)
PERIOD | |||||||||||||||||||||
14. Weighted-Average Shares Outstanding (Diluted) | 2004 | 2005 | 2006 (53 week year) | 2007 | |||||||||||||||||
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 | 90,235 | |||||||||||||||||
Year | 95,110 | 91,221 | 92,010 | 91,523 | |||||||||||||||||
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 | 86,156 |
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 | % | 1,035 | 9.6 | % |
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 | % | 7,337 | 9.6 | % |
Q4 2006 Results are based on 14-week quarter