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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
April 9, 1998
Date of Report (Date of earliest event reported)
ABERCROMBIE & FITCH CO.
(Exact name of registrant as specified in its charter)
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Delaware 1-12107 31-1469076
(State of other jurisdiction (Commission (IRS Employer
of incorporation) File no.) Identification No.)
Four Limited Parkway East
Reynoldsburg, OH 43068
(614) 577-6500
(Address of principal executive offices)
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Item 5. Other Events
On April 9, 1998, Abercrombie & Fitch Co. announced February and March 1998
sales figures. See press release attached as Exhibit 99.1 hereto.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits
99.1 Press release dated April 9, 1998.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
ABERCROMBIE & FITCH
By: /s/ Seth R. Johnson
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Name: Seth R. Johnson
Title: Vice-President and Chief Financial
Officer
(Principal Financial and Accounting
Officer)
April 9, 1998
EXHIBIT INDEX
99.1 Press Release dated April 9, 1998.
Exhibit 99.1
FINAL
EMBARGOED FOR RELEASE
Thursday, April 9, 1998
7:00 a.m. ET
ABERCROMBIE & FITCH CO. REPORTS SALES AND COMPS FOR THE NINE- WEEK FEBRUARY
AND MARCH PERIOD
Columbus, Ohio (April 9, 1998) -- Abercrombie & Fitch Co. (NYSE: ANF) reported
net sales of $93.1 million for the nine-week period ended April 4, 1998, an
increase of 70%, compared to sales of $54.7 million for the comparable nine-week
period ended April 5, 1997.
The Company's comparable store sales increased 39% for the nine weeks ended
April 4, 1998.
Due to these better than expected nine-week results, Abercrombie & Fitch now
expects to report earnings per share in the range of $.09 to $.10 in the First
Quarter. The current First Call consensus for the First Quarter is $.02 per
share.
This information is being released to ensure that Limited shareholders will have
current information concerning Abercrombie & Fitch in connection with the
exchange offer referred to below. The Company filed an S-4 Registration
Statement on February 17, 1998, which was amended on April 2, 7, and 9, 1998,
related to the establishment of Abercrombie & Fitch as a fully independent
public company through its split-off from The Limited, Inc. (NYSE/LSE: LTD).
This split-off will be accomplished through an exchange offer to Limited
shareholders which is expected to commence in mid-April and conclude in mid-May.
Abercrombie & Fitch is a lifestyle brand which, at the end of March, operated
159 stores and published the A&F Quarterly.
For further information, please contact: Tom Katzenmeyer
Abercrombie & Fitch Co.
614-415-7076
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: All forward looking statements made by the Company involve material risks
and uncertainties and are subject to change based on various important factors
which may be beyond the Company's control. Accordingly, the Company's future
performance and financial results may differ materially from those expressed or
implied in any such forward-looking statements. Such factors include, but are
not limited to, those described in the Company's filings with the Securities and
Exchange Commission. The Company does not undertake to publicly update or revise
the forward-looking statements even if experience or future changes make it
clear that the projected results expressed or implied therein will not be
realized.
A registration statement relating to the A&F transaction has been filed with the
Securities and Exchange Commission but has not yet become effective. The A&F
common stock may not be sold, nor may offers to buy be accepted, prior to the
time the registration statement becomes effective. This release shall not
constitute an offer to sell, or the solicitation of an offer to buy, nor shall
there be any sale of these securities in any state in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the Securities law of any such state.
Please contact D.F. King & Co., Inc., the information agent for the proposed
exchange offer, for copies of the Offering Circular - Prospectus, when they
become available. D.F. King's address is 77 Water Street, New York, NY 10005 and
its phone number is 1-800-549-6864.
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