Abercrombie & Fitch Co. (NYSE:ANF) Q2 2023 Earnings Conference Call August 23, 2023 8:30 AM ET

Company Participants

Mo Gupta - Investor Relations

Fran Horowitz - Chief Executive Officer

Scott Lipesky - Chief Financial Officer and Chief Operating Officer

Conference Call Participants

Corey Tarlowe - Jefferies

Dana Telsey - Telsey Advisory Group

Matthew Boss - JPMorgan

Marni Shapiro - The Retail Tracker

Mauricio Serna - UBS

Paul Lejuez - Citi

Janet Kloppenburg - JJK Research

Alex Straton - Morgan Stanley

Operator

Good day, and welcome to the Abercrombie & Fitch's Second Quarter Fiscal Year 2023 Earnings Call. Today's conference is being recorded. At this time, all participants are in a listen-only mode. After the speakers’ presentation there will be a question-and-answer session. [Operator Instructions]

At this time, I would like to turn the conference over to Mo Gupta. Please go ahead.

Mo Gupta

Thank you. Good morning, and welcome to our second quarter 2023 earnings call. Joining me today on the call are Fran Horowitz, Chief Executive Officer; and Scott Lipesky, Chief Financial Officer and Chief Operating Officer.

Earlier this morning, we issued our second quarter earnings release, which is available on our website at corporate.abercrombie.com under the Investors section. Also available on our website is an investor presentation.

Please keep in mind that we will make certain forward-looking statements on the call. These statements are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions we mentioned today. These factors and uncertainties are discussed in our reports and filings with the Securities and Exchange Commission.

In addition, we will be referring to certain non-GAAP financial measures during the call. Additional details and reconciliations of GAAP to adjusted non-GAAP financial measures are included in the release and investor presentation issued earlier this morning.

Finally, references to Abercrombie Brands includes our Abercrombie & Fitch and Abercrombie kids brands and references to Hollister brands include our Hollister, Gilly Hicks, and Social Tourist brands.

With that, I will turn the call over to Fran.

Fran Horowitz

Thanks Mo. Good morning, everyone, and thank you for joining us today as we discuss our second quarter results. It was a very busy summer for our global brands, and I’m pleased to report we delivered net sales and operating margin above the outlook ranges we provided on our call in late May.