ABERCROMBIE & FITCH CO /DE/
For the period ended Jan 31, 2026. Filed Mar 26, 2026.
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FY2026 · Filed Mar 26, 2026
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PROPERTY AND EQUIPMENT, NET
- PROPERTY AND EQUIPMENT, NET
Property and equipment, net consisted of:
| (in thousands) | January 31, 2026 | February 1, 2025 |
|---|---|---|
| Land | $28,599 | $28,599 |
| Buildings | 239,070 | 238,131 |
| Furniture, fixtures and equipment | 695,651 | 657,849 |
| Information technology | 861,499 | 796,163 |
| Leasehold improvements | 906,791 | 842,824 |
| Construction in progress | 82,995 | 41,166 |
| Other | 1,139 | 1,139 |
| Total | 2,815,744 | 2,605,871 |
| Less: Accumulated depreciation | (2,141,665) | (2,030,098) |
| Property and equipment, net | $674,079 | $575,773 |
Depreciation expense for Fiscal 2025, Fiscal 2024 and Fiscal 2023 was $152.6 million, $150.8 million and $138.5 million, respectively.
Refer to Note 10, “ASSET IMPAIRMENT,” for details related to property and equipment impairment charges incurred during Fiscal 2025, Fiscal 2024 and Fiscal 2023.
Refer to Note 2,“SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property and equipment, net,” for discussion regarding significant accounting policies related to the Company’s property and equipment, net.
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