A&F(US:ANF)2025-05-28 11:36Financial Performance - First quarter net sales reached $1.1 billion, an increase of 8% year-over-year[63] - Americas net sales increased by 7% year-over-year[63, 66] - EMEA net sales increased by 12% year-over-year[63, 66] - APAC net sales increased by 5% year-over-year[63, 66] - Abercrombie Brands net sales increased by 22% year-over-year[63, 69] - Hollister Brands net sales decreased by 4% year-over-year[63, 69] - Operating margin was 9.3%, exceeding the outlook of 8-9%[63, 73] - Net income per diluted share was $1.59, above the outlook of $1.25-$1.45[63, 76] Financial Position - Cash and equivalents totaled $511 million, compared to $864 million last year[79] - Inventories increased to $542 million, up 21% from last year[85] - Total liquidity was $940 million, compared to $1.2 billion last year[82] Fiscal Outlook - The company expects net sales growth in the range of 3% to 6% for fiscal year 2025[88] - The company expects operating margin in the range of 12.5% to 13.5% for fiscal year 2025[88] - The company anticipates net income per diluted share in the range of $9.50 to $10.50 for fiscal year 2025[88]