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Abercrombie & Fitch reported net sales of $309.7 million for the five-week period ended July 5, 2008, a 6% increase over net sales of $293.2 million for the five-week period ended July 7, 2007. June comparable store sales decreased 3%. Total Company direct-to-consumer net sales increased 21% to $20.3 million for the five-week period ended July 5, 2008, compared to the five-week period ended July 7, 2007. Year-to-date, the Company reported a net sales increase of 7% to $1.343 billion from $1.251 billion last year. Comparable store sales decreased 3% for the year-to-date period. Year-to-date, the Company reported that direct-to-consumer net sales increased 37% to $100.1 million. June 2008 Developments: - Total Company net sales increased 6% - Total Company direct-to-consumer net sales increased 21% - Total Company comparable... [read full story]
