News Brief: Abercrombie & Fitch Q3 2024 Results
Summary
Abercrombie & Fitch’s stock surged 37% after reporting strong Q3 results that exceeded Wall Street expectations. While the core Abercrombie brand sales declined, the Hollister brand’s significant growth drove overall performance, positioning it to lead the upcoming holiday season.
Key Points
- Strong Overall Beat: The company surpassed earnings ($2.36 vs. $2.16 exp.) and revenue ($1.29B vs. $1.28B exp.) estimates.
- Brand Divergence: Abercrombie brand sales fell 2% (comps down 7%), but Hollister sales surged 16% (comps up 15%).
- Holiday Driver: Management expects Hollister’s campaigns and new products to carry holiday sales, with Abercrombie brand sales projected to be flat.
- Investment Shift: The company is investing more in Hollister, planning 25 new stores and 35 refreshes this year.
- Holiday Guidance: Forecasts Q4 sales growth of 4-6% and EPS of $3.40-$3.70, largely in line with expectations.
- Full-Year Raise: The company raised its full-year sales growth outlook to 6-7%, above the expected 6.2%.
新闻简报：Abercrombie & Fitch 2024年第三季度业绩
摘要
Abercrombie & Fitch公布强劲第三季度业绩，超出华尔街预期，股价随之飙升37%。尽管其核心的Abercrombie品牌销售下滑，但Hollister品牌的显著增长推动了整体表现，并预计将在即将到来的假日季中发挥主导作用。
关键点
- 整体业绩超预期：公司每股收益（2.36美元 vs. 预期2.16美元）和营收（12.9亿美元 vs. 预期12.8亿美元）均超出预期。
- 品牌表现分化：Abercrombie品牌销售额下降2%（同店销售额骤降7%），而Hollister品牌销售额激增16%（同店销售额增长15%）。
- 假日季驱动力：管理层预计Hollister的营销活动和新产品将推动假日季销售，而Abercrombie品牌销售额预计将持平。
- 投资重心转移：公司正加大对Hollister的投资，计划今年新开25家门店并翻新35家。
- 假日季指引：预计第四季度销售额增长4-6%，每股收益在3.40至3.70美元之间，基本符合市场预期。
- 上调全年预期：公司将全年销售额增长预期上调至6-7%，高于预期的6.2%。
Original Article Link: https://www.cnbc.com/2025/11/25/abercrombie-fitch-anf-earnings-q3-2025.html