Abercrombie Fitch Co (0R32.L) Q2 2025 Earnings Report

Abercrombie & Fitch Co delivered a relatively stable QQ2 2025 result, with revenue of USD 1.20856 billion, essentially flat YoY (-0.03%) and flat QoQ. The gross margin remained robust at approximately 59.5%, while operating income rose about 15% YoY to USD 206.29 million, yielding an operating margin of roughly 17.07%. Net income increased by about 7% YoY to USD 141.38 million, with earnings per share of USD 2.97 (undiluted) and USD 2.91 (diluted). EBITDA stood at USD 246.44 million, corresponding to an EBITDA margin of about 20.4%. The company generated USD 116.89 million of operating cash flow and USD 50.71 million in free cash flow, ending the period with USD 572.73 million in cash and cash equivalents and a net debt position of USD 526.75 million. Total liabilities were USD 1.9947 billion against USD 3.3019 billion in total assets, leaving USD 1.2923 billion in shareholders’ equity. The current ratio sits around 1.43, with quick/liquidity metrics modestly tighter given sizable inventory levels of USD 593.0 million.