ABERCROMBIE & FITCH CO /DE/
For the period ended Nov 1, 2025. Filed Dec 5, 2025.
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Nov 1, 2025 · Filed Dec 5, 2025
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ASSET IMPAIRMENT
- ASSET IMPAIRMENT
The following table provides asset impairment charges for the thirteen and thirty-nine weeks ended November 1, 2025 and November 2, 2024:
| Thirteen Weeks Ended | Thirty-Nine Weeks Ended | |||
|---|---|---|---|---|
| (in thousands) | November 1, 2025 | November 2, 2024 | November 1, 2025 | November 2, 2024 |
| Operating lease right-of-use asset impairment | $1,331 | $233 | $2,403 | $1,043 |
| Property and equipment asset impairment | 940 | 5,266 | 2,398 | 6,023 |
| Intangible asset impairment | — | — | 922 | — |
| Total asset impairment | $2,271 | $5,499 | $5,723 | $7,066 |
Asset impairment charges for the thirty-nine weeks ended November 1, 2025 and November 2, 2024 related to certain of the Company’s store assets, in the Americas, EMEA and APAC segments. The store impairment charges for the thirty-nine weeks ended November 1, 2025 reduced the then carrying amount of the impaired stores’ assets to their fair value of approximately $11.4 million, including $9.6 million related to operating lease right-of-use assets.
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