Abercrombie & Fitch January Sales down 4%

Abercrombie & Fitch ANF today reported net sales of $234.1 million for the four-week period ended January 29, 2011, a 6% increase from net sales of $221.5 million for the four-week period ended January 30, 2010. January comparable store sales decreased 4%. For the fiscal month, total Company direct-to-consumer net merchandise sales increased 23% to $33.9 million. For the fiscal month, total Company international net sales, including direct-to-consumer net sales, increased 42% to $50.3 million. For the fiscal quarter ended January 29, 2011, the Company reported net sales of $1.149 billion, a 23% increase from net sales of $936.0 million last year. Comparable store sales increased 13% for the quarter. For the quarter, total Company direct-to-consumer net merchandise sales increased 43% to $133.4 million. For the quarter, total Company international net sales, including direct-to-consumer net sales, increased 61% to $230.3 million.
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