The retailer's fiscal Q2 report had good news for investors -- and some bad news, too.A funny thing happened on the way to the Abercrombie & Fitch (ANF -15.18%) earnings report Wednesday morning. (And to be clear, I mean funny strange -- not funny ha-ha).Reporting on its financial performance for its fiscal Q2, which ended Aug. 3, the teen-centric clothier easily met analysts' consensus forecast for $1.1 billion in revenue, and also reported a $2.50 per share profit, well ahead of the $2.22 that Wall Street ...

Abercrombie & Fitch (ANF) reported $1.13 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 21.2%. EPS of $2.50 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of +4.06% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $2.14, the EPS surprise was +16.82%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

财务数据和关键指标变化 - 公司第二季度创下历史新高,净销售额达到11亿美元,同比增长21% [7][21] - 毛利率为64.9%,同比提升240个基点,主要受益于较低的棉花成本和较低的促销力度 [24] - 营业利润为1.76亿美元,同比几乎翻番 [26] - 每股摊薄收益为2.50美元,去年同期为1.10美元 [26] - EBITDA为2.15亿美元,占销售额19%,去年同期为1.26亿美元,占14% [26] 各条业务线数据和关键指标变化 - Abercrombie品牌净销售额增长26%,Hollister品牌增长17% [14][16] - Abercrombie品牌在男女装和各类别均实现均衡增长,婚礼系列表现出色 [14][15] - Hollister品牌男女装和各类别均实现均衡增长,女装裙装和连衣裙表现尤为出色 [16] 各个市场数据和关键指标变化 - 美洲地区净销售额增长23%,EMEA地区增长16%,APAC地区增长3% [12][22] - 美洲地区各市场均实现增长,EMEA地区英国和德国表现领先 [12][22][23] - APAC地区中国和日本市场表现出色 [13] 公司战略和发展方向及行业竞争 - 公司正在进一步本地化运营模式,以更好地满足各地区消费者需求 [10][13] - 公司正在加大对数字化、营销和人才等方面的投资,以支持长期发展 [25] - 公司有信心在各种宏观环境下实现可持续盈利增长 [7][19] 管理层对经营环境和未来前景的评论 - 管理层对公司第三季度和全年的业绩表现充满信心,并相应提高了全年销售增长和利润率的指引 [30][32][33] - 管理层认为公司品牌组合、供应链和财务纪律为公司未来发展奠定了坚实基础 [10][19] 其他重要信息 - 公司在第二季度完全偿还了有担保债券,并扩大了资产抵押贷款额度 [27][28][29] - 公司计划在未来加大股票回购力度,以合理利用超额现金 [29] - 公司计划在2024财年新开60家门店,改造或调整60家门店,关闭40家门店 [30] 问答环节重要的提问和回答 问题1 **Dana Telsey 提问** 询问了Abercrombie和Hollister品牌在各类别的AUR增长情况,以及第三季度营业利润率指引略低于预期的原因 [36] **Fran Horowitz 和 Scott Lipesky 回答** - 两个品牌在各类别均实现了AUR增长,主要得益于产品接受度良好和库存管理得当 [37][38][39] - 第三季度营业利润率指引略低于预期,主要是由于运输成本上升的影响,以及公司持续加大对品牌和基础设施的投资 [39][40][41] 问题2 **Corey Tarlowe 提问** 询问了Abercrombie品牌的各种增长动力,以及数字渠道的表现 [43] **Fran Horowitz 和 Scott Lipesky 回答** - Abercrombie品牌通过不断拓展新品类如婚礼系列、NFL合作系列等实现增长 [45][46][47] - 数字渠道保持两位数增长,得益于品牌力、产品力和数字体验的不断提升 [49][50] 问题3 **Matthew Boss 提问** 询问了公司对8月份业务表现的兴奋情绪,以及中长期利润率提升的机会 [54] **Fran Horowitz 和 Scott Lipesky 回答** - 公司8月份业务表现出色,各品牌、各地区和各品类均实现均衡增长 [56][57] - 公司认为未来在销售增长、毛利率和营业费用控制等方面仍有较大提升空间 [58][59][60][61]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Abercrombie & Fitch (ANF) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.82%. A quarter ago, it was expected that this teen clothing retailer would post earnings of $1.66 per share when it actually produced earnings of $2.14, delivering a surprise of 28.92%.Over the last four quar ...

业绩总结 - 公司在2024年第二季度实现了强劲的全球销售增长[90] - 公司在2024年第二季度实现了净销售额同比增长23%的表现[100] - 公司在2024年第二季度实现了可比销售同比增长18%的表现[101] - 公司在2024年第二季度实现了运营利润率同比增长240个基点[94] - 公司在2024年第二季度实现了毛利率同比增长590个基点[95] - 公司在2024年第二季度实现了净利润率同比增加240个基点[139] - 公司在2024年第二季度实现了运营收入同比增加8600万美元[144] - 公司自2021年初以来回购约1500万股股票，总额约为5.33亿美元[179] - 截至2024年第二季度末，尚有约2.02亿美元的授权股票回购计划余额[179] 地区销售情况 - 美洲地区净销售额为11.91亿美元，同比增长23%[96] - 欧洲、中东和非洲地区净销售额同比增长16%[91] - 亚太地区净销售额同比增长3%[91] - APAC地区净销售额为4300万美元[110] 品牌销售情况 - Hollister品牌净销售额为1.02亿美元[119] 财务展望 - 2024财年净销售预期在12%至13%之间，运营利润率预期在13%至14%之间[170] - 2024财年有效税率预期为中20%[170] 产品和技术 - 公司在2024年第二季度实现了全球销售增长，表现强劲[90] - 公司在2024年第二季度实现了运营利润率和毛利率的同比增长[94][95] - 公司在2024年第二季度实现了净利润率的同比增加[139]

An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21.Abercrombie & Fitch's revenue grew 21% during its fiscal second quarter as the apparel company builds on its torrid growth. The sales gain, which follows 16% growth in the year-ago period, led the company to issue bullish guidance for the current quarter. Still, its full-year outlook was largely in line with estimates as it prepares for one fewer week this y ...

Record second quarter net sales of $1.1 billion, up 21% from last year with comparable sales growth of 18%Broad-based net sales growth across regions and brands, with Abercrombie brands growth of 26% and Hollister brands accelerating to growth of 17%Operating margin expands 590 basis points to 15.5%, with record second quarter operating income of $176 millionFurther strengthened balance sheet with redemption of all its outstanding 8.75% senior secured notes and amendment and extension of ABL Facility result ...

文章核心观点 - 公司预计第二季度收入将略高于市场预期,但利润将略低于预期 [6][7][10] - 公司2023财年业绩大幅好于预期,每股收益达6.22美元,经营利润率从2.22%增长至11.5% [3] - 公司股价在过去3年内大涨725%,但涨幅并不稳定,2022年出现34%的下跌 [4] - 公司当前估值较高,市盈率达21倍,可能难以长期维持 [3] - 公司面临宏观经济环境不确定性,未来12个月内可能再次低于标普500指数 [5] 公司表现 - 2023财年业绩大幅好于预期,每股收益达6.22美元,经营利润率从2.22%增长至11.5% [3] - 第一季度收入同比增长22%至10.2亿美元,其中Hollister品牌收入增长12%,Abercrombie品牌收入增长31% [7][8] - 公司预计2024财年收入将达47亿美元,较上年增长10%,经营利润率将达14% [9] 股价表现 - 公司股价在过去3年内大涨725%,但涨幅并不稳定,2022年出现34%的下跌 [4] - 公司当前估值较高,市盈率达21倍,可能难以长期维持 [3] - 公司面临宏观经济环境不确定性,未来12个月内可能再次低于标普500指数 [5]

Wall Street analysts forecast that Abercrombie & Fitch (ANF) will report quarterly earnings of $2.14 per share in its upcoming release, pointing to a year-over-year increase of 94.6%. It is anticipated that revenues will amount to $1.09 billion, exhibiting an increase of 16.5% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone an upward revision of 4.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have re ...