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Abercrombie & Fitch

Logo: Abercrombie & Fitch, Public domain, via Wikimedia Commons4

American clothing company

Abercrombie & Fitch Co. (A&F) is an American lifestyle retailer founded in 1892, which focuses on contemporary clothing targeting customers in their early 20s to mid 40s.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

$5.3BRevenue, fiscal 20265
$506.9MNet income, fiscal 20265
1892Founded1

Compare with American Eagle Outfitters, Urban Outfitters or Nordstrom, or pick any stock.

  • TickerANF on NYSE1
  • Industryretail1
  • HeadquartersNew Albany1
  • Founded inManhattan1
  • Websitewww.abercrombie.com
  • Legal formDelaware corporation1
  • Incorporated inOH6
  • Business address6301 Fitch Path, New Albany, Oh 430546
  • Filer categoryLarge accelerated filer6
Abercrombie & Fitch store in New York City
Photo: Urizzato, CC BY-SA 3.0, via Wikimedia Commons8

Abercrombie & Fitch Co. (A&F) is an American lifestyle retailer founded in 1892, which focuses on contemporary clothing targeting customers in their early 20s to mid 40s. Headquartered in New Albany, Ohio, the company operates four offshoot brands: Abercrombie Kids, Your Personal Best, Hollister Co., and Gilly Hicks with 780+ company operated stores across its brands, as of Q4 2024.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

13.3%Operating margin5
9.6%Net margin5
6.4%Revenue growth, 20265
36.1%Return on equity5
$378.4MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Hollister brought in 50% of the revenue Abercrombie & Fitch broke down this way in fiscal 2026.

  1. Hollister$2.7B550%up 15% from 2025
  2. Abercrombie$2.5B546%down 1% from 2025
  3. Gift Card$129.3M52%down 9% from 2025
  4. Royalty$74.8M51%up 14% from 2025
Products and services by year
Products and services202420252026
Hollister$2.1B$2.4B$2.7B
Abercrombie$2.2B$2.6B$2.5B
Gift Card$112.7M$141.4M$129.3M
Royalty$56.4M$65.8M$74.8M

Regions

Americas brought in 46% of the revenue Abercrombie & Fitch broke down this way in fiscal 2026.

  1. Americas$4.3B546%up 7% from 2025
  2. United States$4.1B544%up 8% from 2025
  3. EMEA$818.1M59%up 6% from 2025
  4. Asia Pacific$157.8M52%up 5% from 2025
Regions by year
Regions202420252026
Americas$3.5B$4.0B$4.3B
United States$3.3B$3.8B$4.1B
EMEA$687.1M$770.5M$818.1M
Asia Pacific$137.9M$150.6M$157.8M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Other costs86¢$4.6B
  • Income tax4¢$205.8M
  • Profit10¢$506.9M

Out of $5.3B in revenue.5

Where each dollar of operating cash went, fiscal 2026

  • Capital spending35¢$240.8M
  • Share buybacks65¢$451.2M

Out of $619.1M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue9101112135$5.3B in 2026+47% since 2019
0$2.0B$4.0B$6.0B2019: $3.6B$3.6B20192020: $3.6B$3.6B2020+1%2021: $3.1B$3.1B2021−14%2022: $3.7B$3.7B2022+19%2023: $3.7B$3.7B2023−0%2024: $4.3B$4.3B2024+16%2025: $4.9B$4.9B2025+16%2026: $5.3B$5.3B2026+6%
Gross profit9101112$2.7B in 2024+25% since 2019
0$1.0B$2.0B$3.0B2019: $2.2B$2.2B20192020: $2.2B$2.2B2020−0%2021: $1.9B$1.9B2021−12%2022: $2.3B$2.3B2022+22%2023: $2.1B$2.1B2023−9%2024: $2.7B$2.7B2024+28%
Operating income9101112135$699.1M in 2026+449% since 2019
-$200.0M0$200.0M$400.0M$600.0M$800.0M2019: $127.4M$127.4M20192020: $70.1M$70.1M2020−45%2021: -$20.5M-$20.5M20212022: $343.1M$343.1M20222023: $92.6M$92.6M2023−73%2024: $484.7M$484.7M2024+423%2025: $740.8M$740.8M2025+53%2026: $699.1M$699.1M2026−6%
Net income91012135$506.9M in 2026+580% since 2019
-$200.0M0$200.0M$400.0M$600.0M2019: $74.5M$74.5M20192020: $39.4M$39.4M2020−47%2021: -$114.0M-$114.0M20212022: $263.0M$263.0M20222023: $2.8M$2.8M2023−99%2024: $328.1M$328.1M2024+11552%2025: $566.2M$566.2M2025+73%2026: $506.9M$506.9M2026−10%

Every line of the income statement in the latest annual report, as filed.5

Period ending2026-01-312025-01-312024-01-31
Revenues$5.3B$4.9B$4.3B
Cost of sales, exclusive of depreciation and amortization$2.0B$1.8B$1.6B
Selling Expense$1.8B$1.7B$1.5B
General and Administrative Expense$725.5M$750.5M$681.2M
Other operating loss (income), net$3.2M-$6.6M-$5.9M
Operating Income (Loss)$699.1M$740.8M$484.7M
Interest Expense, Operating$2.4M$12.1M$30.4M
Effective tax rate$205.8M$194.7M$148.9M
Interest and Other Income$24.0M$39.9M$30.0M
Income (Loss) before income taxes$720.8M$768.7M$484.3M
Net income$515.0M$574.0M$335.4M
Less: Net income attributable to noncontrolling interests$8.1M$7.8M$7.3M
Net Income (Loss) Attributable to Parent, Total$506.9M$566.2M$328.1M
Basic$10.71$11.14$6.53
Diluted$10.46$10.69$6.22
Weighted Average Number of Shares Outstanding, Basic47.3M shares50.8M shares50.2M shares
Diluted48.5M shares53.0M shares52.7M shares
Foreign currency translation, net of tax$20.3M-$7.4M-$3.9M
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), after Reclassification and Tax-$7.4M$4.2M$5.4M
Other Comprehensive Income (Loss), Net of Tax, Total$13.0M-$3.2M$1.6M
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest$528.0M$570.8M$337.0M
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Noncontrolling Interest$8.1M$7.8M$7.3M
Comprehensive income attributable to A&F$519.9M$563.0M$329.7M
Interest Income (Expense), Operating-$21.6M-$27.9M$372.0K

Compare Abercrombie & Fitch with another company

The story

Founded by David T. Abercrombie and Ezra Fitch in 1892, in Manhattan.1

The Abercrombie Company was founded in 1892 in New York City by David T. Abercrombie as an outfitter for the elite outdoorsman. Ezra Fitch—a wealthy lawyer, real estate developer, and devoted Abercrombie customer—bought a significant stake in the business in 1900. In 1904, it was incorporated and renamed Abercrombie & Fitch Co. Fitch eventually bought out Abercrombie's share of the business, becoming its sole owner from 1907 to 1928. The company was an elite outfitter of sporting and excursion goods, particularly noted for its expensive shotguns, fishing rods, fishing boats, and tents. It outfitted Theodore Roosevelt's safari and Admiral Richard E. Byrd's expedition to Antarctica. Ernest Hemingway was also a regular customer; the gun with which he committed suicide in 1961 was purchased from Abercrombie & Fitch. Following Hemingway's death, his wife placed several of his guns on consignment with the company.

By the 1970s, A&F was struggling to compete with lower-priced competitors while trying to maintain its high-end image. It was known for holding an extensive inventory of lavish items, but high operating expenses forced A&F to shed its highest priced items, such as an $18,000 (equivalent to $149,229 in 2025) gold and onyx chess set. Cash flow problems forced the company to also cut its inventory of moderately priced products.

In 1976, Abercrombie & Fitch filed for Chapter 11 bankruptcy protection. In 1977, the company closed its New York flagship store at Madison Avenue and East 45th Street.

While Abercrombie & Fitch went out of business during its bankruptcy, the brand survived: in 1978, Oshman's Sporting Goods, a Houston-based retail chain, bought the defunct firm's name and mailing list for $1.5 million (equivalent to $7 million in 2025). Oshman's relaunched the company as a mail-order retailer specializing in hunting wear and novelty items. Retail stores were also opened in Beverly Hills, Dallas, and (by the mid-1980s) New York City.

In 1988, Oshman's sold the brand and its operations to Les Wexner's vehicle The Limited (parent company of several retail clothing chains, including Victoria's Secret). Under The Limited, which later rebranded itself as L Brands, Abercrombie & Fitch gradually shifted its focus to young adults, hired Mike Jeffries in 1992, was in 1996 spun off as a separate, publicly traded company, and eventually grew into one of the largest and most popular apparel companies among teen consumers in the United States.

In 1998, the company launched a brand targeted towards children and pre-teens named "abercrombie" - the name was later changed to Abercrombie Kids. In 2000, Hollister was launched as the company's third brand, targeted at teenagers as "a new concept focused on the optimistic, laidback California lifestyle".

2007–present

Following a lighter earnings announcement in August 2014, A&F shifted its business strategy a degree to trendier styles and faster production processes, effectively embracing fast fashion while retaining its upmarket prestige in contrast to its competitors. Longtime CEO Mike Jeffries resigned in December 2014, after 22 years with the company. Fran Horowitz took over as CEO in February 2017.

To further combat competition from more downscale fast-fashion rivals like Forever 21 and H&M, Abercrombie & Fitch announced more drastic changes to its image in 2015. It scrapped the brand's sexually charged style of advertising, changed the job title of store employees from "models" to "brand representatives", and allowed a less tightly controlled, more individualist dress code. Additionally, the company declared that "brand representatives" would focus more on customer service by offering to help serve customers, in comparison to the past reputation of displaying aloofness toward them. In 2015, the company signaled that it would begin implementing these changes.

Read the full text

By 2018, Abercrombie & Fitch had successfully shifted its target market to an older demographic.

Headquarters

The company's headquarters (a.k.a. "The Home Office") is located outside Columbus, Ohio in New Albany, Ohio, a small farm town that expanded into a wealthy community planned and developed by L Brands founder Les Wexner. The Home Office was designed by Anderson Architects as a campus and internally referred to as such, sitting on 350-acres and consisting of 11 two-story buildings (some connected by skybridge). The company's two merchandise distribution centers (1 million square feet each) are located on campus to help ensure brand protection. Also on campus are model stores, one for each of the company's brands, where store layouts, merchandising and atmosphere are developed and tested. In January 2017, A&F announced it was terminating 150 Home Office employees.

The company also has a EMEA Home Office in London and a APAC Home Office in Shanghai.

From Wikipedia’s article on Abercrombie & Fitch, shared under CC BY-SA 4.0.7

Leadership

Who has led Abercrombie & Fitch, and when. Pick a name to see everywhere that person has worked.

Products and brands

Marketing, advertising and brand identity

Abercrombie & Fitch was once known for its sophisticated racy marketing photography by Bruce Weber. Photos were mostly black and white and set outdoors, usually with partially nude males and females for an increased tone of sexuality. The company promoted its casting sessions, models, and photo shoots in the "A&F Casting" feature on its website. The brand was also notable for utilising partially nude men and women as store greeters in the 2000s and early 2010s. Echoing the entertainment-based, high-class-aspirational approach L Brands' Les Wexner used to fuel the 1980s-2010s growth of Victoria's Secret, Abercrombie & Fitch CEO Mike Jeffries called A&F's previous brand image a "movie" because of the "fantasy" that plays out in-store.

The company's previous brand image was heavily promoted as an international casual luxury lifestyle brand. The company began cultivating a far more upscale image after the 2005 opening of its Fifth Avenue flagship store alongside Prada and other premium retailers. Having for years used high-grade materials in the manufacture of its merchandise, and pricing them at "near-luxury" levels, the company introduced the trademark Casual Luxury as a fictional dictionary term with multiple definitions such as "[using] the finest cashmere, pima cotton, and highest quality leather to create the ultimate in casual, body conscious clothing," and "implementing and/or incorporating time honored machinery...to produce the most exclusive denim..." This upscale image allowed Abercrombie & Fitch to open stores in international high-end locations and reaffirm its premium brand positioning by pricing its merchandise at almost double the American prices.

In 2026, Abercrombie & Fitch partnered with the National Football League and became its first official fashion partner.

Products

Women's Wear Daily called the company's clothing classically "neo-preppy", with an "edgy tone and imagery". In the 2000s and early 2010s, the prices of Abercrombie & Fitch apparel were recognized as the highest in the youth-clothing industry. When the late-2000s recession hit, the company took a major hit financially for its refusal to lower prices or offer discounts. It argued that doing so would "cheapen" its near-luxury image. The company's year-to-year revenue, a key indicator of a retailer's health, rose 13% in September 2010.

Read the full text

The company has carried several popular men's fragrances including Fierce, which was previously the brand's signature scent and was heavily sprayed in all Abercrombie & Fitch stores as a way to experiment with sensory marketing.

Product criticism

In 2002, the company sold a shirt featuring the slogan "Wong Brothers Laundry Service – Two Wongs Can Make It White," with smiling figures in conical Asian hats, an offensive depiction of 19th century Chinese immigrants to the U.S. Abercrombie & Fitch discontinued the designs and apologized after a boycott started by a Stanford University Asian American student group. That same year, Abercrombie removed a line of thong underwear sold for young girls after parents led nationwide storefront protests. The underwear included phrases like "Eye Candy" and "Wink Wink" printed on the front.

More T-shirt controversies occurred in 2004. The first incident involved a shirt featuring the phrase, "It's All Relative in West Virginia," playing on the trope that incestuous relationships are supposedly common in rural America. West Virginia Governor Bob Wise spoke out against the company for depicting "an unfounded, negative stereotype of West Virginia", but Abercrombie & Fitch did not remove the shirts. Later, another T-shirt that read "L is for Loser" next to a picture of a male gymnast (implying that male participation in female-dominated sporting activities makes such males less "masculine") gathered publicity. Abercrombie & Fitch stopped selling the shirt in October 2004 after USA Gymnastics president Bob Colarossi announced a boycott for mocking the sport.

In 2005, the Women and Girls Foundation of Southwest Pennsylvania launched a "Girlcott" of the brand to protest the sale of T-shirts displaying messages such as "Who needs brains when you have these?" ("these" meaning breasts), "Available for parties," and "I had a nightmare I was a brunette." The campaign received national coverage on The Today Show, and the company pulled the shirts from stores on November 5, 2005. Five days after this media coverage, the company pulled two of the shirts from its shelves, released an apology to girls for producing the T-shirts, and agreed to have corporate executives meet with the "Girlcott" girls at the company's headquarters.

Another T-shirt controversy arose over the company's Back-to-School 2009 collection of "humor tees". One shirt proclaims "Show the twins" above a picture of a young woman with her blouse open to two men. Two other shirts state "Female streaking encouraged" and "Female Students Wanted for Sexual Research". The American Family Association disapproved of the influence of the "sex-as-recreation" lifestyle shirts, and asked the brand to remove its "sexualized shirts" from display. Abercrombie & Fitch did not comply.

Brand protection

Because of extensive counterfeiting of its products, the company launched a brand protection program in 2006 to combat the problem by working with law enforcement globally. The company stated that the program would "improve current practices and strategies by focusing on eliminating the supply of illicit Abercrombie & Fitch products."

In August 2011, the company offered Mike "The Situation" Sorrentino and other cast members of the MTV reality show Jersey Shore a "substantial payment" if they stopped wearing Abercrombie-branded clothes, stating "We are deeply concerned that Mr. Sorrentino's association with our brand could cause significant damage to our image." In November 2011, Sorrentino filed a lawsuit against the company after it allegedly violated his copyrights in making shirts that said "The Fitchuation" and "GTL...You Know The Deal". The case was dismissed in July 2013.

Jeffries' 2006 target demographic quote

In 2013, a 2006 Salon interview with then-CEO Mike Jeffries went viral, causing public backlash against Abercrombie & Fitch's marketing practices.

That's why we hire good-looking people in our stores. Because good-looking people attract other good-looking people, and we want to market to cool, good-looking people. We don't market to anyone other than that.... In every school there are the cool and popular kids, and then there are the not-so-cool kids. Candidly, we go after the cool kids. We go after the attractive all-American kid with a great attitude and a lot of friends. A lot of people don't belong [in our clothes], and they can't belong. Are we exclusionary? Absolutely.

These quotes, which were the basis for the article's "youth, sex and casual superiority" headline, went largely unnoticed when the article was published in 2006, until they resurfaced in May 2013 after actor Kirstie Alley brought them up in an Entertainment Tonight interview, and prominent daytime talk-show host Ellen DeGeneres spoke out against the company.

Jeffries issued an official statement on May 17, 2013, regarding the news articles, saying, "I want to address some of my comments that have been circulating from a 2006 interview. While I believe this seven-year-old, resurrected quote has been taken out of context, I sincerely regret that my choice of words was interpreted in a manner that has offended." He also stated, "We are completely opposed to any discrimination, bullying, derogatory characterizations or other anti-social behavior based on race, gender, body type or other individual characteristics."

Stores

The current design of Abercrombie & Fitch stores feature white or wood exterior molding, bright lighting, and open windows. Previously, most store entrances featured a prominent marketing image, usually of partially nude men, directly facing the entrance. The interiors were lit with dim ceiling lights and spot lighting, with electronic dance music played at sound levels as high as 90 decibels. Windows were covered with black louvers to create a brooding atmosphere from outside, and the company's signature fragrance Fierce would be sprayed at high levels. Exclusive to all flagship stores were a dark red, brown, and black color scheme, illuminated staircases, art depicting nude men on all walls, and elevators. From 2013 to 2014, the louvers were removed from all locations except from certain flagship stores which had windows above street level. The company stated that the louvers were removed in an effort to experiment with window marketing.

The company operates 854 stores across all four brands. The company's brand has 278 locations in the United States, 5 in Canada (2 in Alberta, 2 in Ontario, and 1 in British Columbia). The company currently operates 70 full-line stores abroad and 10 outlet stores across 16 countries.

International expansion

Abercrombie & Fitch was believed to have reached its maximum growth potential in the American market by the early 2000s. International expansion began in 2005, with the long-term goal of opening and maintaining flagships for the company in high-profile locations worldwide "at a deliberate pace". After initially opening at a deliberately slow pace, the company began to accelerate international expansion for its namesake and its Hollister Co. brand in 2012.

The company's first non-U.S. stores opened in Toronto and Edmonton in 2005, and then expanded to other major cities in Canada. The company first entered the European market in 2007 with the opening of its flagship London store at 7 Burlington Gardens, Savile Row. The company went on to open flagship stores in Milan, Copenhagen, Paris, Madrid, Brussels, Dublin and other major cities in Europe, including six stores in Germany. The company opened its first Asian flagship store in Tokyo in 2009, followed by Fukuoka, Singapore, Hong Kong and Seoul. In 2015, the company entered the Middle Eastern market with the opening of its flagship store in Kuwait. Since then the company has opened locations in Dubai and plans to expand deeper into the Middle East with stores in Saudi Arabia, Qatar, Bahrain, and Oman. By the 2020s, the majority of Abercrombie & Fitch's international stores were closed as part of a strategy shift from large flagship stores to focusing on e-commerce.

Remembrance poppy prohibition in the UK

In November 2010, the Southampton, England, store prevented 18-year-old Harriet Phipps from wearing a remembrance poppy, which is worn as part of the Remembrance Day commemorations in the United Kingdom and Canada every November. The official reason for the refusal was reported to be that the poppy is not considered part of the corporate approved uniform, and is therefore prohibited. The ban drew criticisms, and on November 8 the company posted on its Facebook page the following statement: "As an American company that has been around since 1892, we appreciate the sacrifices of the British and American servicemen/women in the World Wars and in military conflicts that continue today. Our company policy is to allow associates to wear a poppy as a token of this appreciation on Remembrance Day. Going forward,...we will revisit this policy to the days/weeks leading up to Remembrance Day."

Abercrombie Kids shop on Savile Row

In 2012, the company announced plans to open an Abercrombie Kids store at No. 3 on Savile Row, next door to Gieves & Hawkes. The plans drew widespread criticism and opposition from the tailors of the Row, who were already unhappy about the presence of the company's main store on Burlington Gardens at the end of the Row. This eventually led to a protest organized by The Chap magazine on April 23, 2012. During the consultation period, objections were lodged to Westminster City Council and in February 2013 the Council rejected many of the company's proposals for the store, and branded the entire plans "utterly unacceptable." A&F appealed, won, and opened the store in September 2014. The following year, the company was subject to nearly £16,000 in fines and legal costs when it was ruled that changes it had made in the Grade II-listed building were illegal.

Abercrombie opens college campus stores

In an attempt to more effectively reach the brand's ideal "college-age" customer, the company tested two experimental campus stores in August 2018, both of which have since closed.

Brands

The company has operated four concept brands apart from its namesake over the years; they have been referred to as subsidiaries, but operate as divisions under the company's umbrella.

Abercrombie Kids

Prep-school by Abercrombie & Fitch Themed as "classic cool" for kids 7 through 14, this is the children's version of Abercrombie & Fitch.

Hollister Co.

Southern California by Abercrombie & Fitch Themed after "SoCal" for teenagers 14 through 18, with significantly lower prices than its parent brand.

Gilly Hicks

The cheeky cousin of Abercrombie & Fitch Themed after "Down Under" Sydney, offers underwear, loungewear and activewear for women 18 and up. Currently sold primarily within Hollister Co. stores and e-commerce channels with a small number of individual store locations.

Ruehl No.925

Post-Grad by Abercrombie & Fitch Themed after a fictional Greenwich Village heritage, offered clothes for 22 through 35 post-grads. Closed in 2010.

From Wikipedia’s article on Abercrombie & Fitch, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Subsidiaries

  • Hollister Co.

Also owns

  • Abercrombie kids
  • Gilly Hicks
  • Ruehl No.925

From Wikidata.1

Former names

  • ABERCROMBIE & FITCH CO /DE/Sep 26, 1996 to Sep 9, 20266

Timeline

  1. Sep 26, 1996Went public Listed on NYSE1
  2. 1892Founded Founded in Manhattan1

Recent filings

  1. Sep 9, 20264
  2. Sep 4, 2026144
  3. Sep 4, 202610-Q
  4. Sep 4, 2026S-8
  5. Sep 1, 20264
  6. Sep 1, 20264
  7. Sep 1, 20264
  8. Sep 1, 20264
  9. Aug 28, 2026144
  10. Aug 28, 2026144
  11. Aug 28, 2026144
  12. Aug 28, 2026144
  13. Aug 28, 2026144
  14. Aug 26, 20268-K
  15. Aug 24, 20263

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2