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Non-Tech : Abercrombie and Fitch
ANF 129.73+2.3%Dec 29 3:59 PM EST

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To: chaz who wrote (331)11/12/2002 7:37:16 PM
From: chaz  Read Replies (1) of 335
 
Abercrombie & Fitch Reports Third Quarter

NEW ALBANY, Ohio, Nov. 12 /PRNewswire-FirstCall/ -- Abercrombie & Fitch (NYSE: ANF) today reported that earnings per share on a fully diluted basis for the third quarter ended November 2, 2002 rose 12% to $0.48 versus $0.43 for the comparable period last year.

Net sales for the thirteen weeks ended November 2, 2002 increased 18% to $419.3 million from $354.5 million for the thirteen weeks ended November 3, 2001. Comparable store sales decreased 5% in the quarter.

Net income for the quarter increased to $47.7 million compared to net income of $43.9 million for the third quarter of fiscal 2001.

Year-to-date net sales increased 18% to $1.061 billion from $898.3 million last year. Comparable store sales for the year-to-date period decreased 5%. Net income, year-to-date, increased to $102.1 million from $89.5 million last year.
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