Abercrombie & Fitch Co. provided a business update for the fourth quarter and full year of fiscal 2025, highlighting record quarter-to-date net sales through fiscal December.
Balanced growth was achieved across regions, brands, and channels with strong performance from Hollister and Abercrombie brands.
The company expects significant progress in fiscal 2025 with record net sales growth and top-tier profitability.
The strong financial performance in the holiday season sets a positive momentum for Abercrombie & Fitch Co.'s fiscal 2025 outlook.
Full Year Outlook
Abercrombie & Fitch Co. anticipates net sales growth of at least 6%, operating margin around 13%, effective tax rate around 30%, and net income per diluted share in the range of $10.30 to $10.40, reflecting a robust performance outlook for the full fiscal year 2025.
Fourth Quarter Outlook
For the fourth quarter, Abercrombie & Fitch Co. expects net sales growth around 5%, operating margin around 14%, effective tax rate around 30%, and net income per diluted share in the range of $3.50 to $3.60, indicating a strong finish to the fiscal year.
Capital Expenditures
The company plans to allocate approximately $245 million for fiscal 2025, with a strategic focus on marketing, digital initiatives, and store enhancements to drive financial performance and enhance shareholder returns.
- Abercrombie & Fitch Co.'s outlook for fiscal 2025 signals a trajectory towards strong financial performance, driven by anticipated record net sales and a growth target of at least 6%.
- The strategic emphasis on investments in marketing, digital platforms, and store improvements underpins the company's commitment to long-term success and shareholder value creation.
The robust performance in the holiday season and the positive outlook for fiscal 2025 position Abercrombie & Fitch Co. for sustained growth and value creation, reinforcing its appeal to investors seeking long-term returns.