Abercrombie & Fitch Co. /DE/ has recently released its 10-Q report, providing a comprehensive overview of its financial performance and operations. The company operates as an omnichannel retailer globally, offering apparel, personal care products, and accessories for men, women, and kids under various brands, including Abercrombie & Fitch, abercrombie kids, Your Personal Best, Hollister, and Gilly Hicks. It sells products through its stores, wholesale, franchise, licensing arrangements, and e-commerce platforms.
The "Management’s Discussion and Analysis of Financial Condition and Results of Operations" section provides valuable insights for investors, emphasizing the company's non-GAAP financial measures. Abercrombie & Fitch Co. utilizes comparable sales to assess year-over-year changes in net sales, excluding revenue other than store and digital sales. The company believes that comparable sales can assist investors in understanding the portion of revenue attributable to existing locations versus new store openings or closures.
The report also highlights excluded items in financial measures, such as selling expenses, general and administrative expenses, operating income, income tax expense, and net income attributable to A&F. These excluded items provide clarity on the company's financial performance by adjusting for specific one-time events or expenses.
Furthermore, Abercrombie & Fitch Co. presents financial information on a constant currency basis to eliminate the impact of foreign currency exchange rate fluctuations, enhancing investors' understanding of underlying business trends and operating performance. Reconciliations of non-GAAP financial metrics on a constant currency basis to GAAP financial measures are provided for both the thirteen and twenty-six weeks ended August 2, 2025, and August 3, 2024.
The company also discloses EBITDA and adjusted EBITDA as supplemental measures used by its executive management to assess performance. These measures exclude the impact of differences in tax jurisdictions, debt service levels, and capital investment, providing meaningful information for investors to evaluate the company's core financial performance over multiple periods and in comparison with other companies.
Today the company's shares have moved 2.02% to a price of $95.37. For the full picture, make sure to review ABERCROMBIE & FITCH CO /DE/'s 10-Q report.
