Abercrombie & Fitch Co. /DE/ has recently released its 10-Q report, providing an insight into the company's financial performance. The company operates as an omnichannel retailer, offering apparel, personal care products, and accessories for men, women, and kids under various brands. It operates through stores, wholesale, franchise, licensing arrangements, and e-commerce platforms, and was founded in 1892, with its headquarters in New Albany, Ohio.
In the 10-Q report, Abercrombie & Fitch Co. emphasized the significance of "Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations" to help investors evaluate the company's operating performance. The report detailed the use of non-GAAP financial measures, such as comparable sales and financial information on a constant currency basis, to provide a meaningful basis for assessing the company's performance and understanding underlying business trends. The company also provided reconciliations of non-GAAP financial metrics on a constant currency basis to financial measures calculated and presented in accordance with GAAP for the thirteen weeks ended May 3, 2025, and May 4, 2024.
Furthermore, the report included the company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) as a supplemental measure used by the company's executive management to assess performance and meaningful information for investors and other interested parties to compute the company's core financial performance over multiple periods and with other companies. A reconciliation of non-GAAP EBITDA to net income for the thirteen weeks ended May 3, 2025, and May 4, 2024, was also provided. Today the company's shares have moved 4.36% to a price of $82.99. For the full picture, make sure to review ABERCROMBIE & FITCH CO /DE/'s 10-Q report.
