Abercrombie & Fitch Company (ANF)

Gross profit margin

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Gross profit US$ in thousands 3,174,660 2,693,410 2,693,410 2,104,540 2,104,540
Revenue US$ in thousands 4,948,590 4,280,680 4,280,680 3,697,750 3,697,750
Gross profit margin 64.15% 62.92% 62.92% 56.91% 56.91%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,174,660K ÷ $4,948,590K
= 64.15%

The gross profit margin of Abercrombie & Fitch Company has shown a positive trend over the years based on the provided data. The margin increased from 56.91% in January 28, 2023, to 64.15% in January 31, 2025. This demonstrates an improvement in the company's ability to generate profit from its sales after accounting for the cost of goods sold. The consistent increase in gross profit margin indicates effective cost management or possibly an increase in pricing strategies, resulting in a higher proportion of revenue retained as gross profit. This trend suggests that Abercrombie & Fitch Company has been successful in optimizing its profitability at the gross level in the specified period.