Abercrombie Fitch Co (0R32.L) Q3 2024: 0r32 L

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Abercrombie Fitch Co

0R32.L

$95.32 -0.54%

Exchange: LSE | Sector: Consumer Cyclical | Industry: Specialty Retail

Q3 2024

Published: Dec 6, 2024

Earnings Highlights

Revenue of $1.21B up 18.4% year-over-year
EPS of $2.50 increased by 15.6% from previous year
Gross margin of 65.1%
Net income of 131.98M
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0R32.L

Company 0R32.L

Period Q3 2024

Currency USD

Report Type Quarterly Earnings

Generated Dec 8, 2025

Executive Summary

Abercrombie & Fitch Co delivered a solid QQ3 2024 performance, supported by resilient pricing, brand strength, and a favorable direct-to-consumer mix. Revenue reached USD 1.209 billion, up 18.4% year-over-year and 6.6% quarter-over-quarter, while gross margin expanded to 65.1% and operating margin stood at 14.8%. Net income was USD 131.98 million with earnings per share of USD 2.59, reflecting a 15.6% year-over-year increase and a modest 0.38% quarterly decline.

Key Performance Indicators

Revenue

Increasing

1.21B

QoQ: 6.61% | YoY: 18.44%

Gross Profit

Increasing

786.93M

65.09% margin

QoQ: 6.88% | YoY: 23.10%

Operating Income

Increasing

179.28M

QoQ: 2.08% | YoY: 40.71%

Net Income

Increasing

131.98M

QoQ: -0.89% | YoY: 15.92%

EPS

Increasing

2.59

QoQ: -0.38% | YoY: 15.63%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue: USD 1,208.97M; YoY +18.44%; QoQ +6.61% | Gross Profit: USD 786.93M; YoY +23.10%; QoQ +6.88%; Gross Margin: 65.09% | Operating Income: USD 179.28M; YoY +40.71%; QoQ +2.08%; Operating Margin: 14.83% | Net Income: USD 131.98M; YoY +15.92%; QoQ -0.89%; Net Margin: 10.92% | EBITDA: USD 228.15M; EBITDA Margin: 18.87% | EPS: USD 2.59; Diluted EPS: USD 2.50; YoY EPS +15.63%; QoQ -0.38% | Free Cash Flow (FCF): USD 92.25M; FCF per Share: USD 1.81 | Cash Flow: Net cash from operations USD 142.64M; Capex USD 50.39M; FCF generated supports a constructive capital allocation stance, including stock repurchases (USD -102.20M) during the period

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	1.21B	18.44%	6.61%
Gross Profit	786.93M	23.10%	6.88%
Operating Income	179.28M	40.71%	2.08%
Net Income	131.98M	15.92%	-0.89%
EPS	2.59	15.63%	-0.38%

Key Financial Ratios

Gross Profit Margin

Excellent

65.10%

Gross profit margin is exceptional, indicating strong pricing power and operational efficiency

Operating Profit Margin

Fair

14.80%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Good

10.90%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

4.04%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

10.60%

Return on equity is acceptable but below top-tier companies

Current Ratio

Adequate

1.40

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Elevated

0.76

Debt-to-equity shows significant leverage, monitor debt levels

P/E Ratio

Value

12.67x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Premium

5.36x

Trading at premium to book value, reflects strong intangibles or growth

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	1,208.56	2.91	0.0%	View
Q1 2025	1,097.31	1.59	-3.2%	View
Q4 2024	1,584.92	3.57	+55.3%	View
Q3 2024	1,208.97	2.50	+18.4%	View

Abercrombie Fitch Co (0R32.L) Q3 2024 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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