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Abercrombie & Fitch Reports February Sales Results
03/07/02
NEW ALBANY, Ohio, Mar 7, 2002 /PRNewswire/ -- Abercrombie & Fitch (NYSE: ANF) today reported net sales of $89.0 million for the four-week period ended March 2, 2002, a 13% increase from net sales of $78.6 million for the comparable four-week period ended March 3, 2001. Comparable store sales decreased 9% for the period.

A lifestyle brand, Abercrombie & Fitch operated a total of 492 stores at the end of fiscal February, including 148 abercrombie stores and 35 Hollister Co. stores. The Company also operates an adult e-commerce website at www.abercrombie.com , a kids' e-commerce website at www.abercrombiekids.com and publishes the A&F Quarterly.

To hear Abercrombie & Fitch's prerecorded February sales message, please dial (800) 642-1687, followed by the conference identification number 2425928.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:

The Company cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this Release, the Company's Form 10-K or made by management of the Company involve risks and uncertainties, and are subject to change based on various important factors. The following factors, among others, in some cases have affected and in the future could affect the Company's financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any such forward-looking statements: change in consumer spending patterns, consumer preferences and overall economic conditions, the impact of competition and pricing, changes in weather patterns, political stability, currency and exchange risks and changes in existing or potential duties, tariffs or quotas, postal rate increases and charges, paper and printing costs, availability of suitable store locations at appropriate terms, ability to develop new merchandise and ability to hire and train associates.

SOURCE Abercrombie & Fitch

CONTACT:          Thomas D. Lennox, Senior Manager, Investor Relations and
                  Corporate Communications of Abercrombie & Fitch, +1-614-283-6751

URL:              http://www.abercrombie.com