Annual Report Abercrombie and Fitch
Annual Report Abercrombie and Fitch
Annual Report Abercrombie and Fitch
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Part C. Income Statement<br />
•Multi-Step<br />
Year Gross Profit<br />
(In Millions)<br />
Income From<br />
Operations<br />
Net Income<br />
2006 2,209.01 658.09 422.19<br />
2005 1,851.42 542.74 333.00<br />
While not dramatic, the data shows that the<br />
companies profits are increasing. This is in part<br />
due to a decrease in theft, efficient management of<br />
inventory <strong>and</strong> an increase in sales.