Abercrombie & Fitch Company (ANF)

Gross profit margin

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Gross profit (ttm)	US$ in thousands	2,693,412	2,448,128	2,283,275	2,164,786	2,104,538	2,113,385	2,168,813	2,266,407	2,311,995	2,313,882	2,262,071	2,122,194	1,891,205	1,901,450	1,895,948	1,970,973	2,150,918	1,989,473	1,977,437	1,921,149
Revenue (ttm)	US$ in thousands	4,280,679	4,027,579	3,851,233	3,720,979	3,697,747	3,659,287	3,684,363	3,744,122	3,712,765	3,673,455	3,587,948	3,421,426	3,125,380	3,187,890	3,231,709	3,374,459	3,623,072	3,299,716	3,278,658	3,168,479
Gross profit margin		62.92%	60.78%	59.29%	58.18%	56.91%	57.75%	58.87%	60.53%	62.27%	62.99%	63.05%	62.03%	60.51%	59.65%	58.67%	58.41%	59.37%	60.29%	60.31%	60.63%

February 3, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,693,412K ÷ $4,280,679K
= 62.92%

The gross profit margin of Abercrombie & Fitch Company has shown a general trend of stability and improvement over the analyzed periods. From November 2019 to February 2024, the gross profit margin has fluctuated within a range of 56.91% to 62.92%. The overall pattern indicates that the company has been able to maintain healthy levels of profitability relative to its cost of goods sold, with occasional fluctuations likely influenced by factors such as sales performance, pricing strategies, and cost management initiatives. The consistent presence of gross profit margins above 55% suggests that Abercrombie & Fitch has effectively managed its production and distribution costs to generate strong margins on its products.