Abercrombie & Fitch Co (Abercrombie & Fitch Co) Gross Margin % : 62.88% (As of Jan. 2024)

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What is Abercrombie & Fitch Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Abercrombie & Fitch Co's Gross Profit for the three months ended in Jan. 2024 was $914 Mil. Abercrombie & Fitch Co's Revenue for the three months ended in Jan. 2024 was $1,453 Mil. Therefore, Abercrombie & Fitch Co's Gross Margin % for the quarter that ended in Jan. 2024 was 62.88%.

The historical rank and industry rank for Abercrombie & Fitch Co's Gross Margin % or its related term are showing as below:

ANF' s Gross Margin % Range Over the Past 10 Years
Min: 56.91 Med: 60.75 Max: 62.92
Current: 62.92

During the past 13 years, the highest Gross Margin % of Abercrombie & Fitch Co was 62.92%. The lowest was 56.91%. And the median was 60.75%.

ANF's Gross Margin % is ranked better than
89.23% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.74 vs ANF: 62.92

Abercrombie & Fitch Co had a gross margin of 62.88% for the quarter that ended in Jan. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Abercrombie & Fitch Co was 0.40% per year.

Abercrombie & Fitch Co Gross Margin % Historical Data

The historical data trend for Abercrombie & Fitch Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Abercrombie & Fitch Co Gross Margin % Chart

Abercrombie & Fitch Co Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Gross Margin %

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59.37

60.51

62.27

56.91

62.92

Abercrombie & Fitch Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial															55.70	60.98	62.48	64.90	62.88

Competitive Comparison of Abercrombie & Fitch Co's Gross Margin %

For the Apparel Retail subindustry, Abercrombie & Fitch Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Abercrombie & Fitch Co's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Abercrombie & Fitch Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Abercrombie & Fitch Co's Gross Margin % falls into.

Abercrombie & Fitch Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Abercrombie & Fitch Co's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )	=	Gross Profit (A: Jan. 2024 )	/	Revenue (A: Jan. 2024 )
	=	2693.4	/	4280.677
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(4280.677 - 1587.265)	/	4280.677
	=	62.92 %

Abercrombie & Fitch Co's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )	=	Gross Profit (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	913.6	/	1452.907
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1452.907 - 539.338)	/	1452.907
	=	62.88 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Abercrombie & Fitch Co (NYSE:ANF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Abercrombie & Fitch Co had a gross margin of 62.88% for the quarter that ended in Jan. 2024 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Abercrombie & Fitch Co Gross Margin % Related Terms

Thank you for viewing the detailed overview of Abercrombie & Fitch Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Abercrombie & Fitch Co (Abercrombie & Fitch Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Abercrombie & Fitch Co (NYSE:ANF) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

AFT:Germany AFT:Germany ANF:Argentina

Address

6301 Fitch Path, New Albany, OH, USA, 43054

Website

https://corporate.abercrombie.com

Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.

Executives

Scott D. Lipesky	officer: SVP and CFO	6301 FITCH PATH, NEW ALBANY OH 43054
Kristin A. Scott	officer: Brand President-Hollister Co.	6301 FITCH PATH, NEW ALBANY OH 43054
Jay Rust	officer: EVP Human Resources	6301 FITCH PATH, NEW ALBANY OH 43054
Samir Desai	officer: EVP;Chief Digital&Tech Officer	6301 FITCH PATH, NEW ALBANY OH 43054
Sarah M. Gallagher	director	6301 FITCH PATH, NEW ALBANY OH 43054
Kenneth B. Robinson	director	6301 FITCH PATH, NEW ALBANY OH 43054
Gregory J Henchel	officer: SVP, Gen Cnsl & Secy	C/O HSN, INC., 1 HSN DRIVE, ST. PETERSBURG FL 33729
Fran Horowitz-bonadies	officer: President of Hollister brand	6301 FITCH PATH, NEW ALBANY OH 43054
Terry Lee Burman	director	CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Helen Vaid	director	600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Kerrii B Anderson	director	WENDY'S INTERNATIONAL, INC, 4288 WEST DUBLIN-GRANVILLE RD., DUBLIN OH 43017
Suzanne M Coulter	director	6301 FITCH PATH, NEW ALBANY OH 43054
Charles R Perrin	director	C/O AVON PRODUCS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Holly May	officer: SVP, Chief HR Officer	6301 FITCH PATH, NEW ALBANY OH 43054
James A Goldman	director