How Has Abercrombie & Fitch’s Revenue By Geography Changed Over The Last Three Years?

The share of the US as a source of revenue for Abercrombie & Fitch (NYSE:ANF) has remained constant over the past three years. However, its share from Europe has decreased 340 basis points. Between 2010-2012, Abercrombie expanded aggressively in the market, increasing its total international store count from 52 to 139. However, the retailer did not plan its expansion well, which resulted in a high concentration of stores in a few tourist destinations. This resulted in Abercrombie cannibalizing its own sales, which has troubled it to date. In addition to self-cannibalization, lingering economic weakness in countries such as France, Italy, and Germany (Abercrombie’s main markets in Europe) contributed to the company’s under-performance. An unsettled environment in the region has largely been a result of  a weak currency and lower tourism. Lately, Abercrombie has shown some latent signs of recovery, driven by better-than-expected results in the U.K. and Germany, but it hasn’t been able to improve its performance across the board.

Have more questions about Abercrombie & Fitch? See the links below:

• Abercrombie & Fitch Plans Changes To Turn Their Business Around
• Who Relies On Debt More; Gap Inc or Abercrombie & Fitch?
• What Is Abercrombie & Fitch’s Revenue & Earnings Breakdown In Terms of Different Operating Segments?
• What Is Abercrombie & Fitch’s Fundamental Value Based On Expected 2015 Results?
• How Has Abercrombie & Fitch’s Revenue Composition Changed In The Last Five Years?
• By How Much have Abercrombie & Fitch’s Revenues & Earnings Grown In The Last Five Years?

Notes:

Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap |More Trefis Research