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Abercrombie & Fitch Co (ANF.N)

ANF.N on New York Stock Exchange

24.66USD
22 Mar 2019
Change (% chg)

$-0.74 (-2.91%)
Prev Close
$25.40
Open
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$25.60
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$24.61
Volume
904,427
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596,014
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$29.41
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$15.30

Latest Key Developments (Source: Significant Developments)

Abercrombie & Fitch Co. Reports Declaration Of Quarterly Cash Dividend Of $0.20 Per Share
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Abercrombie & Fitch Co ::ABERCROMBIE & FITCH CO. REPORTS DECLARATION OF QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE.  Full Article

Green Growth Brands appoints Brian Logan as chief financial officer
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - Green Growth Brands Inc ::GREEN GROWTH BRANDS APPOINTS BRIAN LOGAN AS CHIEF FINANCIAL OFFICER.GREEN GROWTH BRANDS - LOGAN'S MOST RECENT ROLE AT ABERCROMBIE & FITCH CO. WAS GROUP VICE PRESIDENT, FINANCE.  Full Article

Abercrombie & Fitch Reports Q3 Adj Non-GAAP EPS Of $0.33 Excluding Items
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - Abercrombie & Fitch Co ::. REPORTS THIRD QUARTER RESULTS.Q3 GAAP EARNINGS PER SHARE $0.35.Q3 SALES $861 MILLION VERSUS REFINITIV IBES ESTIMATE OF $853 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.20 -- REFINITIV IBES DATA.Q3 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.33 EXCLUDING ITEMS.SEES FY 2018 SALES UP 2 TO 4 PERCENT.QTRLY COMPARABLE SALES GROWTH OF 3%, ON TOP OF 4% LAST YEAR.REMAINS ON TRACK TO DELIVER TOP-LINE GROWTH, GROSS PROFIT RATE EXPANSION AND OPERATING EXPENSE LEVERAGE FOR FULL YEAR.ENDED Q3 WITH $572.2 MILLION IN INVENTORY, APPROXIMATELY FLAT TO LAST YEAR..SEES Q4 COMPARABLE SALES TO BE UP LOW SINGLE DIGITS.SEES FY 2018 COMPARABLE SALES TO BE UP IN RANGE OF 2% TO 4%.ENDED Q3 WITH $572.2 MILLION IN INVENTORY, APPROXIMATELY FLAT TO LAST YEAR.FOR FISCAL 2018, EXPECTS CAPITAL EXPENDITURES TO NOW BE APPROXIMATELY $145 MILLION.EXPECTS TO CLOSE FEWER STORES IN THE CURRENT YEAR BASED ON IMPROVED PERFORMANCE AND SUCCESSFUL LEASE RENEGOTIATIONS.QTRLY HOLLISTER COMPARABLE SALES UP 4 PERCENT, ABERCROMBIE COMPARABLE SALES UP 1 PERCENT.SEES CLOSING UP TO 40 STORES BY YEAR-END, PRIMARILY IN THE U.S., DOWN FROM PREVIOUS EXPECTATIONS OF CLOSING UP TO 60 STORES.FY REVENUE VIEW $3.56 BILLION -- REFINITIV IBES DATA.  Full Article

Abercrombie & Fitch Co Reports Declaration Of Quarterly Cash Dividend Of $0.20 Per Share
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Abercrombie & Fitch Co ::ABERCROMBIE & FITCH CO. REPORTS DECLARATION OF QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE.  Full Article

Abercrombie & Fitch Co. Reports Declaration Of Quarterly Cash Dividend
Wednesday, 23 May 2018 

May 23 (Reuters) - Abercrombie & Fitch Co ::ABERCROMBIE & FITCH CO. REPORTS DECLARATION OF QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE.  Full Article

Greenlight Capital Inc Cuts Share Stake In Apple, CNX Resources
Tuesday, 15 May 2018 

May 15 (Reuters) - Greenlight Capital Inc: :GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN APPLE INC BY 71.4 PERCENT TO 628,100 SHARES.GREENLIGHT CAPITAL INC TAKES SHARE STAKE IN ABERCROMBIE & FITCH OF 212,500 SHARES - SEC FILING.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN BEST BUY INC.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN NORDSTROM INC.GREENLIGHT CAPITAL INC CUTS SHARE STAKE IN CNX RESOURCES CORP BY 40.3 PERCENT TO 10.6 MILLION SHARES.GREENLIGHT CAPITAL INC DISSOLVES SHARE STAKE IN J C PENNEY CO.GREENLIGHT CAPITAL INC - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Abercrombie & Fitch Sees Q4 Comparable Sales To Be Up High-Single Digits
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Abercrombie & Fitch Co ::REG-ABERCROMBIE & FITCH CO. UPDATES FOURTH QUARTER OUTLOOK AND ANNOUNCES INVESTOR DAY.FOR Q4 OF FISCAL 2017, COMPANY NOW EXPECTS COMPARABLE SALES TO BE UP HIGH-SINGLE DIGITS.SEES Q4 NET SALES TO BE UP LOW-TEENS, COMPARED TO PREVIOUS OUTLOOK OF UP MID- TO HIGH-SINGLE DIGITS.SEES Q4 GROSS PROFIT RATE IN LINE WITH PREVIOUS OUTLOOK.ABERCROMBIE & FITCH - FOR Q4 2017, CO NOW EXPECTS OPERATING EXPENSE, INCLUDING OTHER OPERATING INCOME, TO BE UP SLIGHTLY FROM $553.7 MILLION LAST YEAR.ABERCROMBIE & FITCH - "ABERCROMBIE BRAND ON TRACK TO DELIVER POSITIVE COMPARABLE SALES FOR QUARTER".EXPECTS TO RECOGNIZE A SIGNIFICANT INCOME TAX CHARGE IN Q4 DUE TO IMPACT OF TAX CUTS AND JOBS ACT.Q4 REVENUE VIEW $1.10 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Abercrombie & Fitch reports ‍comparable sales for Q3 up 4 pct
Friday, 17 Nov 2017 

Nov 17 (Reuters) - Abercrombie & Fitch Co :Reg-Abercrombie & Fitch Co. reports third quarter results.Q3 adjusted non-GAAP earnings per share $0.30 excluding items.Q3 GAAP earnings per share $0.15.Q3 sales $859.1 million versus I/B/E/S view $818.9 million.Q3 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Abercrombie & Fitch Co - ‍Comparable sales for Q3 up 4%​.Abercrombie & Fitch Co sees ‍ Q4 comparable sales to be up low-single digits, and net sales to be up mid- to high-single digits​.Abercrombie & Fitch Co - ‍Now expects capital expenditures to be approximately $110 million for full year​.Abercrombie & Fitch Co - Qtrly hollister comparable sales rose 8 percent.Abercrombie & Fitch Co sees ‍changes in foreign currency exchange rates to benefit net sales in Q4 by approximately $20 million.Abercrombie & Fitch Co sees ‍changes in foreign currency exchange rates to benefit operating income by approximately $5 million, net of hedging in Q4​.Abercrombie & Fitch Co - ‍Ended Q3 with $570.5 million in inventory, an increase of 11% over last year​.Abercrombie & Fitch Co - Qtrly Abercrombie comparable sales fell 2 percent.Abercrombie & Fitch Co - ‍Anticipates closing up to 60 stores in U.S. by year-end through natural lease expirations, including 14 stores closed to date​.Abercrombie & Fitch Co - "‍Abercrombie is beginning to show signs of stabilization"​.  Full Article

Abercrombie & Fitch Co enters second amendment to credit agreement
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co - ‍as of Oct. 19, unit of co entered second amendment to credit agreement .Abercrombie & Fitch Co - ABL ‍second amendment amends credit agreement, dated as of Aug. 7, 2014​.Abercrombie & Fitch - ‍second amendment amends credit agreement extending maturity date of abl credit agreement from Aug. 7, 2019 to Oct. 19, 2022​.Abercrombie & Fitch - ‍second amendment amends credit agreement modifying ABL credit agreement by reducing letter of credit sub-limit to $50 million​.  Full Article

Abercrombie & Fitch Q1 loss per share $0.91
Thursday, 25 May 2017 

May 25 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co reports first quarter results.Q1 loss per share $0.91.Q1 sales $661.1 million versus I/B/E/S view $651.3 million.Q1 earnings per share view $-0.70 -- Thomson Reuters I/B/E/S.Abercrombie & Fitch Co -comparable sales to remain challenging in Q2, with trend improvement in second half of year.Qtrly Abercrombie comparable sales down 10 percent.Abercrombie & Fitch Co sees continued adverse impact from foreign currency on sales and operating income for 2017.Qtrly Hollister comparable sales up 3 percent.Abercrombie & Fitch Co sees net income attributable to noncontrolling interests of approximately $4 million for 2017.Abercrombie & Fitch Co says expect results to improve further in second half of the year.Abercrombie & Fitch Co qtrly comparable sales for Q1 down 3 percent.Abercrombie & Fitch - company plans to open seven full-price stores in fiscal 2017, primarily in U.S. Company also plans to open two new outlet stores.Sees company expects capital expenditures to be approximately $100 million for full year 2017.Abercrombie & Fitch -company anticipates closing approximately 60 stores in U.S. during fiscal year through natural lease expirations.Abercrombie & Fitch Co sees for fiscal 2017, gross margin rate down slightly to last year's adjusted non-gaap rate of 61.0%,with continued pressure in Q2.Says "we continue to tightly manage costs and inventory".  Full Article

Levi Strauss shares surge 31 percent in return to stock market

March 21 Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the U.S. jeans maker a market value of $8.7 billion and indicating a strong investor appetite ahead of much-awaited listings from Lyft and Uber Technologies.