Abercrombie & Fitch Company (ANF)

Net profit margin

		Feb 3, 2024	Jan 28, 2023	Jan 29, 2022	Jan 30, 2021	Feb 1, 2020
Net income	US$ in thousands	328,123	2,816	270,066	-114,021	39,358
Revenue	US$ in thousands	4,280,680	3,697,750	3,712,770	3,125,380	3,623,070
Net profit margin		7.67%	0.08%	7.27%	-3.65%	1.09%

February 3, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $328,123K ÷ $4,280,680K
= 7.67%

The net profit margin of Abercrombie & Fitch Company has shown fluctuation over the past five fiscal years. In Fiscal Year 2024, the net profit margin improved significantly to 7.67%, indicating that the company was able to generate higher profits relative to its revenues compared to the previous year. This improvement suggests better cost management, increased operational efficiency, or potentially higher revenue generation.

In contrast, in Fiscal Year 2023, the net profit margin was only 0.08%, indicating very low profitability relative to sales, which may have been influenced by higher expenses or lower revenues in that period.

Fiscal Year 2022 saw a relatively strong net profit margin of 7.27%, suggesting solid profitability and effective cost control measures. This may have been the result of successful sales strategies or favorable cost structures.

Conversely, in Fiscal Year 2021, the company experienced a negative net profit margin of -3.65%, indicating that Abercrombie & Fitch incurred losses rather than profits, possibly due to significant expenses exceeding revenues or one-time charges impacting the bottom line.

In Fiscal Year 2020, the net profit margin stood at 1.09%, reflecting moderate profitability, although it was lower compared to the more recent fiscal year. Overall, the varying net profit margins indicate changes in Abercrombie & Fitch's profitability levels and financial performance over the analyzed period.