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Income Statement (USD)
Q3 '24 | QoQ | |
---|---|---|
Revenue | 1.13B | 11.1% |
Gross Profit | 736M | 8.7% |
Cost of Revenue | 398M | 15.9% |
Operating expense | 9.9M | 80.4% |
Net Income | 133M | 17% |
EBITDA | 223M | 26% |
Balance Sheet (USD)
Q3 '24 | QoQ | |
---|---|---|
Total Assets | 3.05B | 2.7% |
Total Liabilities | 1.84B | 2.5% |
Total Equity | 1.21B | 11.8% |
Shares Outstanding | 51M | 0.7% |
Cash Flow (USD)
Q3 '24 | QoQ | |
---|---|---|
Cash from operations | 165M | 73.8% |
Cash from investing | -58M | 48.5% |
Cash from financing | -234M | 151.8% |
EPS
Financial Highlights for Abercrombie & Fitch in Q3 '24
Abercrombie & Fitch reported a revenue of 1.13B, which is a 11.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 736M, marking a 8.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 398M, a 15.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 9.9M, showing a -80.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 133M, showing a 17% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 223M, showing a 26% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Abercrombie & Fitch with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures.