vs
ABERCROMBIE & FITCH CO（ANF）与LANDS' END, INC.（LE）财务数据对比。点击上方公司名可切换其他公司
ABERCROMBIE & FITCH CO的季度营收约是LANDS' END, INC.的4.1倍（$1.3B vs $317.5M）。ABERCROMBIE & FITCH CO净利率更高（8.8% vs 1.6%，领先7.1%）。ABERCROMBIE & FITCH CO同比增速更快（6.8% vs 0.1%）。ABERCROMBIE & FITCH CO自由现金流更多（$131.8M vs $-22.4M）。过去两年LANDS' END, INC.的营收复合增速更高（-1.1% vs -5.8%）
A&F（阿伯克龙比与菲奇）是1892年成立的美国生活方式零售品牌，主打面向20岁出头至45岁左右客群的潮流服饰，总部位于俄亥俄州新奥尔巴尼。旗下运营Abercrombie Kids、Your Personal Best、霍利斯特（Hollister Co.）、Gilly Hicks四个子品牌，全品牌直营门店超780家。
Lands' End是1963年诞生于美国芝加哥的服饰零售品牌，最初以邮购游艇用品起家，目前业务拓展至服饰、箱包与家居用品领域。截至2024年2月，品牌在美国本土共开设26家门店，总部位于威斯康星州道奇维尔。品牌名源自地名兰兹角，因创立时印刷错了撇号位置又无力重印，错拼的名称便沿用至今。
ANF vs LE — 直观对比
损益表 — Q4 2026 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $1.3B | $317.5M |
| 净利润 | $113.0M | $5.2M |
| 毛利率 | 62.5% | 51.8% |
| 营业利润率 | 12.0% | 5.3% |
| 净利率 | 8.8% | 1.6% |
| 营收同比 | 6.8% | 0.1% |
| 净利润同比 | -14.4% | 198.3% |
| 每股收益（稀释后） | $2.36 | $0.17 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $1.3B | $317.5M | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.1B | $261.2M | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.2B | $318.6M | ||
| Q3 24 | $1.1B | $317.2M | ||
| Q2 24 | $1.0B | $285.5M | ||
| Q1 24 | $1.5B | $514.9M |
| Q4 25 | $113.0M | $5.2M | ||
| Q3 25 | $141.4M | — | ||
| Q2 25 | $80.4M | $-8.3M | ||
| Q1 25 | $187.2M | — | ||
| Q4 24 | $132.0M | $-593.0K | ||
| Q3 24 | $133.2M | $-5.3M | ||
| Q2 24 | $113.8M | $-6.4M | ||
| Q1 24 | $158.4M | $-8.6M |
| Q4 25 | 62.5% | 51.8% | ||
| Q3 25 | 62.6% | — | ||
| Q2 25 | 62.0% | 50.8% | ||
| Q1 25 | — | — | ||
| Q4 24 | 65.1% | 50.6% | ||
| Q3 24 | 64.9% | 47.9% | ||
| Q2 24 | 66.4% | 48.7% | ||
| Q1 24 | 62.9% | 38.0% |
| Q4 25 | 12.0% | 5.3% | ||
| Q3 25 | 17.1% | — | ||
| Q2 25 | 9.3% | -0.9% | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 14.8% | 2.9% | ||
| Q3 24 | 15.5% | 0.8% | ||
| Q2 24 | 12.7% | 0.8% | ||
| Q1 24 | 15.3% | 1.6% |
| Q4 25 | 8.8% | 1.6% | ||
| Q3 25 | 11.7% | — | ||
| Q2 25 | 7.3% | -3.2% | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 10.9% | -0.2% | ||
| Q3 24 | 11.7% | -1.7% | ||
| Q2 24 | 11.2% | -2.3% | ||
| Q1 24 | 10.9% | -1.7% |
| Q4 25 | $2.36 | $0.17 | ||
| Q3 25 | $2.91 | — | ||
| Q2 25 | $1.59 | $-0.27 | ||
| Q1 25 | $3.55 | — | ||
| Q4 24 | $2.50 | $-0.02 | ||
| Q3 24 | $2.50 | $-0.17 | ||
| Q2 24 | $2.14 | $-0.20 | ||
| Q1 24 | $2.97 | $-0.27 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $631.0M | $36.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $1.3B | $231.0M |
| 总资产 | $3.5B | $852.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
| Q4 25 | $631.0M | $36.3M | ||
| Q3 25 | $603.5M | — | ||
| Q2 25 | $607.6M | $18.1M | ||
| Q1 25 | $888.9M | — | ||
| Q4 24 | $738.9M | $30.4M | ||
| Q3 24 | $738.4M | $25.6M | ||
| Q2 24 | $864.2M | $27.4M | ||
| Q1 24 | $900.9M | $25.3M |
| Q4 25 | $1.3B | $231.0M | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | $230.1M | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.2B | $223.6M | ||
| Q3 24 | $1.2B | $226.5M | ||
| Q2 24 | $1.1B | $234.6M | ||
| Q1 24 | $1.0B | $241.6M |
| Q4 25 | $3.5B | $852.7M | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.1B | $760.5M | ||
| Q1 25 | $3.3B | — | ||
| Q4 24 | $3.3B | $843.6M | ||
| Q3 24 | $3.0B | $802.5M | ||
| Q2 24 | $3.0B | $800.1M | ||
| Q1 24 | $3.0B | $811.5M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $200.1M | $-15.7M |
| 自由现金流经营现金流 - 资本支出 | $131.8M | $-22.4M |
| 自由现金流率自由现金流/营收 | 10.2% | -7.1% |
| 资本支出强度资本支出/营收 | 5.3% | 2.1% |
| 现金转化率经营现金流/净利润 | 1.77× | -3.03× |
| 过去12个月自由现金流最近4个季度 | $384.5M | $-55.0M |
8季度趋势，按日历期对齐
| Q4 25 | $200.1M | $-15.7M | ||
| Q3 25 | $116.9M | — | ||
| Q2 25 | $-4.0M | $-22.5M | ||
| Q1 25 | $307.6M | — | ||
| Q4 24 | $142.6M | — | ||
| Q3 24 | $165.1M | $30.7M | ||
| Q2 24 | $95.0M | $-25.8M | ||
| Q1 24 | $303.3M | $93.9M |
| Q4 25 | $131.8M | $-22.4M | ||
| Q3 25 | $50.7M | — | ||
| Q2 25 | $-54.8M | $-30.7M | ||
| Q1 25 | $256.8M | — | ||
| Q4 24 | $92.2M | — | ||
| Q3 24 | $122.3M | $26.0M | ||
| Q2 24 | $56.1M | $-32.6M | ||
| Q1 24 | $274.1M | $87.5M |
| Q4 25 | 10.2% | -7.1% | ||
| Q3 25 | 4.2% | — | ||
| Q2 25 | -5.0% | -11.8% | ||
| Q1 25 | 16.2% | — | ||
| Q4 24 | 7.6% | — | ||
| Q3 24 | 10.8% | 8.2% | ||
| Q2 24 | 5.5% | -11.4% | ||
| Q1 24 | 18.9% | 17.0% |
| Q4 25 | 5.3% | 2.1% | ||
| Q3 25 | 5.5% | — | ||
| Q2 25 | 4.6% | 3.2% | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 4.2% | — | ||
| Q3 24 | 3.8% | 1.5% | ||
| Q2 24 | 3.8% | 2.4% | ||
| Q1 24 | 2.0% | 1.2% |
| Q4 25 | 1.77× | -3.03× | ||
| Q3 25 | 0.83× | — | ||
| Q2 25 | -0.05× | — | ||
| Q1 25 | 1.64× | — | ||
| Q4 24 | 1.08× | — | ||
| Q3 24 | 1.24× | — | ||
| Q2 24 | 0.83× | — | ||
| Q1 24 | 1.91× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ANF
| Hollister | $673.3M | 52% |
| Abercrombie | $617.3M | 48% |
| Gift Card | $25.7M | 2% |
| Royalty | $19.5M | 2% |
LE
| U Se Commerce | $179.8M | 57% |
| Business Outfitters Revenue | $78.8M | 25% |
| Licensing And Retail | $20.2M | 6% |
| Other | $19.8M | 6% |
| Third Party | $18.9M | 6% |
