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AI brief of an SEC Form 8-K · Abercrombie & Fitch (ANF)

Abercrombie & Fitch Q1 net sales rise 22% to $1.0 billion; full-year outlook raised

Positive Impact 4 of 5 guidance Written later

Abercrombie & Fitch reported first quarter fiscal 2024 results for the period ended May 4, 2024, with net sales of $1.0 billion, up 22% from last year, and diluted EPS of $2.14 versus $0.32 a year earlier. The company raised its full-year fiscal 2024 outlook to net sales growth of around 10% and an operating margin of around 14%, which replaces prior guidance.

Key points

  • Q1 net sales $1,020.7 million, up 22%; comparable sales up 21%; Abercrombie brands up 31%, Hollister brands up 12%
  • Operating income $130 million, operating margin 12.7%, up 860 basis points from 4.1% last year
  • Full-year outlook: net sales up around 10% (previously 4% to 6%); operating margin around 14% (previously around 12%)

The filing

CompanyAbercrombie & Fitch (ANF)
Form8-K, current report
Filed with the SECMay 30, 2024, 5:20 PM ET
Accession number0001018840-24-000035

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 30, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.