Abercrombie & Fitch Company (ANF)

Gross profit margin

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Gross profit	US$ in thousands	2,693,410	2,104,540	2,312,000	1,891,200	2,150,920
Revenue	US$ in thousands	4,280,680	3,697,750	3,712,770	3,125,380	3,623,070
Gross profit margin		62.92%	56.91%	62.27%	60.51%	59.37%

February 3, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,693,410K ÷ $4,280,680K
= 62.92%

The gross profit margin of Abercrombie & Fitch Company has shown a fluctuating trend over the past five years. In the most recent fiscal year, ending on February 3, 2024, the gross profit margin was 62.92%, representing an increase compared to the previous year's margin of 56.91% as of January 28, 2023. This improvement indicates that the company was able to effectively control its production costs and/or increase its selling prices relative to the cost of goods sold.

Looking further back, the gross profit margin was also relatively strong in the fiscal year ending on January 29, 2022, at 62.27%. The margin dipped slightly in the fiscal year ending on January 30, 2021, to 60.51%, before seeing a modest increase in the fiscal year ending on February 1, 2020, to 59.37%.

Overall, Abercrombie & Fitch Company has generally maintained a healthy gross profit margin over the past five years, with some fluctuations. A higher gross profit margin typically indicates that the company is efficiently managing its production costs and operations, which can be a positive sign for investors and stakeholders.