Abercrombie & Fitch 1997 Annual Report Download - page 7

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(Thousands except per share and per square foot amounts, ratios and store and associate data)
Fiscal Year 1997 1996 1995* 1994 1993 1992 1991
Summary of Operations
Net Sales $521,617 $335,372 $235,659 $165,463 $110,952 $085,301 $062,583
Gross Income $201,080 $123,766 $079,794 $056,820 $030,562 $013,413 $009,665
Operating Income (Loss) $084,125 $045,993 $023,798 $013,751 $0(4,064) $(10,190) $(11,603)
Operating Income (Loss) as a
Percentage of Sales 16.1% 13.7% 10.1% 8.3% (3.7%) (11.9%) (18.5%)
Net Income (Loss) $048,322 $024,674 $014,298 $008,251 $0(2,464) $ (6,090) $ (7,003)
Net Income (Loss) as a
Percentage of Sales 9.3% 7.4% 6.1% 5.0% (2.2%) (7.1%) (11.2%)
Per Share Results
Net Income (Loss) Per Basic Share $0000.95 $0000.54 $0000.33 $0000.19 $000(.06) $000(.14) $000(.16)
Net Income (Loss) Per Diluted Share $0000.94 $0000.54 $0000.33 $0000.19 $000(.06) $000(.14) $000(.16)
Weighted Average Diluted
Shares Outstanding 0051,478 $045,760 0043,000 0$43,000 $043,000 $043,000 $043,000
Other Financial Information
Total Assets $183,238 $105,761 $ 87,693 $ 58,018 $ 48,882 $ 61,626 $ 47,967
Return on Average Assets 33% 26% 20% 15% (4%) (11%) –
Capital Expenditures $029,486 $024,323 $ 24,526 $ 12,603 $ 4,694 $ 10,351 $ 7,931
Long-Term Debt $050,000 $050,000 –––––
Shareholders’ Equity (Deficit) $058,775 $011,238 $(22,622) $(37,070) $(45,341) $(42,877) $(36,787)
Comparable Store Sales Increase 21% 13% 5% 15% 6% 8% 10%
Retail Sales per Average
Selling Square Foot $000,462 $000,373 $ 354 $ 350 $ 301 $ 276 $ 261
Stores and Associates at End of Year
Total Number of Stores Open $000,156 127 100 67 49 40 36
Selling Square Feet 1,234,000 1,006,000 792,000 541,000 405,000 332,000 287,000
Number of Associates $006,700 $004,900 3,000 2,300 1,300 900 700
*Fifty-three week fiscal year.
15
FINANCIAL SUMMARY
Abercrombie &Fitch Co.