A&F Q3 net loss $2.2M; EPS -$0.04 vs +$1.12; net sales $880M

ABERCROMBIE & FITCH CO /DE/

2022-Q3 EPS reported -$0.70 revenue$2,497,937,000

Net loss attributable to A&F of $2.2M ($0.04 diluted loss per share) vs net income $65.5M ($1.12 diluted EPS) in Q3 2021.
Net sales of $880.1M, down from $905.2M in prior-year quarter; Abercrombie brands achieved highest Q3 net sales since 2014.
Operating income of $17.5M compared to $72.7M in Q3 2021; gross margin $520.8M vs $576.2M.
First nine months of FY2022 net loss attributable to A&F of $35.5M vs net income of $263.0M in comparable prior-year period.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ABERCROMBIE & FITCH CO /DE/ reported the third quarter ended October 29, 2022 results: revenue $ 880,084, net income $ (2,214), EPS $ (0.04) per diluted share.

Period: the third quarter ended October 29, 2022
Revenue: $ 880,084
Net income: $ (2,214)
EPS: $ (0.04) per diluted share
Result: reported results

Exact text from the filing

Net sales $ 3,590,109 $ 3,623,073 $ 3,125,384 $ 781,405 $ 864,850 $ 905,160 $ 1,161,353 $ 3,712,768 $ 812,762 $ 805,091 $ 880,084 $ 2,497,937 Cost of sales, exclusive of depreciation and amortization 1,430,193 1,472,155 1,234,179 286,271 301,365 328,916 484,221 1,400,773 363,216 339,200 359,268 1,061,684 Gross profit 2,159,916 2,150,918 1,891,205 495,134 563,485 576,244 677,132 2,311,995 449,546 465,891 520,816 1,436,253 Stores and distribution expense 1,542,022 1,598,500 1,379,948 315,508 325,847 351,815 435,153 1,428,323 337,543 340,791 367,333 1,045,667 Marketing, general and administrative expense 484,863 464,615 463,843 120,947 123,913 146,269 145,686 536,815 122,149 124,168 133,201 379,518 Asset impairment 11,580 19,135 72,937 2,664 786 6,749 1,901 12,100 3,422 2,170 3,744 9,336 Other operating (income) loss, net (5,915) (1,400) (5,054) (1,418) (1,848) (1,320) (3,741) (8,327) (3,842) 953 (1,005) (3,894) Operating income (loss) 127,366 70,068 (20,469) 57,433 114,787 72,731 98,133

View on SEC.gov

Browse all earnings releases →

ABERCROMBIE & FITCH CO /DE/ filing history →

Source: SEC EDGAR

accession 0001018840-22-000058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.