NYSE$ANF

Abercrombie & Fitch Company · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Abercrombie & Fitch reported strong Q4 2024 results with 9% revenue growth and a significant rise in operating income.

Abercrombie & Fitch reported Q4 2024 revenue of $1.58 billion, up 9% from the previous year, with comparable sales increasing 14%. Operating income rose to $256 million, and net income per diluted share was $3.57. The company maintained strong performance across brands and geographies, positioning itself well for 2025.

  • Q4 2024 revenue increased 9% to $1.58 billion, with comparable sales up 14%.
  • Operating income rose to $256 million, improving the operating margin to 16.2%.
  • Net income per diluted share was $3.57, up from $2.97 in Q4 2023.
  • Hollister led brand growth with a 16% increase in revenue and 24% rise in comparable sales.

Headline financials

Total Revenue

$1.58B

Previous: $1.45B+9.1%
EPS (adj)

$3.57

Previous: $2.97+20.2%
Operating margin

16.2%

No prior period
Inventories

$575M

No prior period
Comparable sales

13.0%

No prior period
Net Income

$187M

Previous: $38.3M+388.4%
Operating Income

$256M

Previous: $87M+194.3%
Gross Profit

$974M

Previous: $668M+45.7%

Revenue & EPS history

Abercrombie & Fitch · Revenue · Quarterly

$1.58B

Q4 2024+9.1%vs Q4 2023
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Abercrombie & Fitch · $1.11B total across 2 segments · Q1 2026

  • Abercrombie
    $565M
  • Hollister
    $549M

Forward guidance

Abercrombie & Fitch expects continued sales growth in 2025, with net sales projected to increase by 3%-5% and operating margin expected to remain in the 14%-15% range.

Tailwinds

  • Net sales projected to grow 3%-5% in fiscal 2025.
  • Operating margin expected to remain strong at 14%-15%.
  • Continued expansion with approximately 60 new store openings planned.
  • Ongoing share repurchase program with $1.3 billion authorization.
  • Strong liquidity position with over $1.2 billion in available liquidity.

Headwinds

  • APAC region saw a 4% decline in sales for Q4 2024.
  • Inventory levels increased 22% year-over-year.
  • Foreign exchange volatility may impact profitability.
  • Higher expected capital expenditures of approximately $200 million in 2025.
  • Macroeconomic uncertainties and potential tariff changes remain risks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.1%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+2.3%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+37.8%

Q3 2025

Best reaction

-30.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-3.8%-13.1%-7.0%
Q3 2025+37.8%+49.2%+93.2%
Q2 2025-1.2%-3.3%-11.2%
Q1 2025+14.9%+1.5%+7.2%
Q4 2024-9.2%-18.7%-23.7%
Q3 2024-3.8%-3.1%+0.5%
Q2 2024-14.6%-11.4%-13.3%
Q1 2024+17.1%+15.3%+16.7%
Q4 2023-8.7%-16.7%-13.7%
Q3 2023+0.7%+1.4%+28.9%
Q2 2023+22.6%+20.3%+23.0%
Q1 2023+24.1%+30.2%+60.5%
Q4 2022-3.6%-5.7%-5.6%
Q3 2022+28.7%+27.6%+15.1%
Q2 2022-14.9%-19.6%-14.9%
Q1 2022-16.8%-15.6%-30.4%
Q4 2021-11.9%-26.1%-12.4%
Q3 2021-16.6%-19.1%-27.0%
Q2 2021-6.4%-10.2%+0.5%
Q1 2021+15.4%+12.2%+21.5%
Q4 2020+0.1%+7.5%+24.8%
Q3 2020+0.6%-0.4%-11.5%
Q2 2020+10.6%+16.4%+31.3%
Q1 2020-11.0%-8.7%-24.8%
Q4 2019-8.0%-18.0%-36.5%
Q3 2019+2.5%-2.2%+6.6%
Q2 2019-14.1%-18.7%-9.0%
Q1 2019-30.0%-32.0%-35.9%
Q4 2018+20.7%+24.8%+21.2%
Q3 2018+22.1%+10.2%+13.3%
Q2 2018-20.4%-18.1%-22.4%
Q1 2018+0.8%+6.2%+2.6%
Q4 2017+4.7%+2.5%+28.1%
Q3 2017+35.8%+32.4%+33.1%
Q2 2017+28.4%+30.5%+48.4%
Q1 2017-0.4%+3.2%-4.7%
Q4 2016+4.7%+0.3%+2.1%
Q3 2016-12.8%-9.1%-21.4%
Q2 2016-22.7%-25.8%-32.3%
Q1 2016-19.5%-20.7%-29.1%
Q4 2015+6.1%
Q3 2015+28.8%
Q2 2015+9.2%
Q1 2015+4.2%
Q4 2014-15.8%
Q3 2014+0.2%
Q2 2014-5.4%
Q1 2014+8.2%
Q4 2013+8.0%
Q3 2013-2.4%
Q2 2013-17.4%
Q1 2013-9.6%
Q4 2012-7.9%
Q3 2012+33.9%
Q2 2012+9.5%
Q1 2012-19.5%
Q1 2011-4.7%
Q4 2009+4.8%
Q4 2011+4.8%
Q3 2011-1.0%
Q3 2009-1.0%
Q2 2009-0.7%
Q4 2010-0.7%
Q2 2011-0.7%

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