Abercrombie & Fitch Co. /DE/ has recently released its 10-Q report, providing a detailed overview of the company’s financial performance and operations. Abercrombie & Fitch Co. operates as an omnichannel retailer across various regions, offering a wide range of apparel, personal care products, and accessories under different brand names. The company's sales channels include stores, wholesale, franchise, licensing arrangements, and e-commerce platforms. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.
In the 10-Q report, Item 2. "Management’s Discussion and Analysis of Financial Condition and Results of Operations" focuses on providing investors with a basis to evaluate the company’s operating performance. The report highlights the use of non-GAAP financial measures by the management to assess the company’s performance and develop expectations for future operating performance. The company provides comparable sales, which is defined as the year-over-year percentage change in the aggregate of net sales for stores and digital net sales, excluding revenue other than store and digital sales. Management uses comparable sales to understand the drivers of year-over-year changes in net sales.
The report also includes financial information on a constant currency basis to remove the impact of foreign currency exchange rate fluctuations, providing investors with a better understanding of underlying business trends and operating performance. Reconciliations of non-GAAP financial metrics on a constant currency basis to financial measures calculated and presented in accordance with GAAP for the thirteen and twenty-six weeks ended August 2, 2025, and August 3, 2024, are provided in the report.
Additionally, the report presents EBITDA and adjusted EBITDA as supplemental measures used by the company’s executive management to assess its performance. These measures are also considered meaningful information for investors and other interested parties to evaluate the company’s core financial performance over multiple periods and with other companies by excluding the impact of differences in tax jurisdictions, debt service levels, and capital investment.
Following these announcements, the company's shares moved 2.02%, and are now trading at a price of $95.37. For the full picture, make sure to review ABERCROMBIE & FITCH CO /DE/'s 10-Q report.
