Abercrombie & Fitch announced that net sales increased 6% in June
abercrombie and fitch (ANF: quotations, research data), today announced that the five weeks ended July 5, 2008, the company’s net sales of $ 309.7 million, compared with last year the five weeks ended July 7, $ 293.2 millionan increase of 6%. Comparable store sales fell 3 percent in June. Five weeks ended July 5, 2008, the company’s direct-to-consumer net sales amounted to $ 20.3 million, compared with the five weeks ended July 7 increased by 21 percent last year.
So far this year, abercrombie and fitch online announced that net sales increased to $ 1.343 billion from $ 1.251 billion in the same period last year, an increase of 7%. So far this year, comparable store sales decreased compared to the same period last year by 3%. The company announced that since the beginning of its direct-to-consumer net sales increased 37 percent to $ 100.1 million.
As of the fiscal year end of June, the company in the United States operates a total of 352 Abercrombie & Fitch stores, 208 Abercrombie stores, 471 of Hollister Co. stores, 23 RUEHL stores and five Gilly Hicks stores. The three Abercrombie & Fitch store and three of Hollister Co. stores operating in Canada, with an Abercrombie & Fitch store in London, UK.
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