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Abercrombie & Fitch Co (ANF.N)

ANF.N on New York Stock Exchange

16.15USD
21 Oct 2019
Change (% chg)

$0.23 (+1.44%)
Prev Close
$15.92
Open
$16.14
Day's High
$16.58
Day's Low
$16.12
Volume
459,414
Avg. Vol
636,541
52-wk High
$30.62
52-wk Low
$13.59

Latest Key Developments (Source: Significant Developments)

Tommy Hilfiger Appoints Michael Scheiner As Global Chief Marketing Officer
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Tommy Hilfiger::TOMMY HILFIGER APPOINTS MICHAEL SCHEINER AS GLOBAL CHIEF MARKETING OFFICER.TOMMY HILFIGER - MICHAEL SCHEINER JOINS TOMMY HILFIGER FROM HOLLISTER CO.TOMMY HILFIGER - MICHAEL WILL RELOCATE TO TOMMY HILFIGER GLOBAL HEADQUARTERS IN AMSTERDAM.  Full Article

Abercrombie & Fitch Co Reports Q2 Loss Per Share $0.48
Thursday, 29 Aug 2019 

Aug 29 (Reuters) - Abercrombie & Fitch Co ::. REPORTS SECOND QUARTER RESULTS.Q2 LOSS PER SHARE $0.48.Q2 SALES $841.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $852.5 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.53 -- REFINITIV IBES DATA.QTRLY COMPARABLE SALES WERE FLAT AGAINST POSITIVE COMPARABLE SALES OF 3% LAST YEAR.TRENDS IMPROVED THROUGHOUT Q2.HAVE HAD A SOLID START TO BACK-TO-SCHOOL IN U.S..SEES FISCAL 2019 NET SALES TO BE IN RANGE OF FLAT TO UP 2%.SEES 2019 COMPARABLE SALES TO BE IN RANGE OF FLAT TO UP 2%.SEES FISCAL 2019 COMPARABLE SALES TO BE IN RANGE OF FLAT TO UP 2%.FOR Q3 OF FISCAL 2019, COMPANY EXPECTS NET SALES TO BE UP APPROXIMATELY 1%.ABERCROMBIE & FITCH - FOR Q3 OF FISCAL 2019, CO EXPECTS COMPARABLE SALES TO BE APPROXIMATELY FLAT, AGAINST POSITIVE COMPARABLE SALES OF 3% LAST YEAR.SEES FISCAL 2019 GROSS PROFIT RATE TO BE DOWN IN RANGE OF 50 TO 90 BASIS POINTS FROM FISCAL 2018 RATE OF 60.2%.IN FISCAL 2018 ROUGHLY 25% OF COMPANY'S MERCHANDISE RECEIVED WAS SOURCED FROM CHINA AND IMPORTED INTO U.S..ABERCROMBIE & FITCH-SEES ADDITIONAL LIST 3 TARIFFS & LIST 4 TARIFFS, TO IMPACT ON COST OF MERCHANDISE & GROSS PROFIT OF ABOUT $6 MILLION FOR FALL SEASON.FISCAL 2019 GROSS PROFIT RATE TO BE DOWN, REFLECTING ADVERSE IMPACT FROM ANTICIPATED CHINA TARIFFS OF ABOUT 60 BASIS POINTS.SEES Q3 OF FISCAL 2019 GROSS PROFIT RATE TO BE DOWN APPROXIMATELY 100 BASIS POINTS AS COMPARED TO FISCAL 2018 RATE OF 61.3%.  Full Article

Green Growth Brands Announces Expansion With Abercrombie & Fitch To Sell Seventh Sense CBD Products In Over 160 Stores
Thursday, 27 Jun 2019 

June 27 (Reuters) - Green Growth Brands Inc ::PRESS RELEASE - GREEN GROWTH BRANDS ANNOUNCES EXPANSION WITH ABERCROMBIE & FITCH TO SELL SEVENTH SENSE CBD PRODUCTS IN OVER 160 STORES.GREEN GROWTH BRANDS ANNOUNCES EXPANSION WITH ABERCROMBIE & FITCH TO SELL SEVENTH SENSE CBD PRODUCTS IN OVER 160 STORES.GREEN GROWTH BRANDS INC - EXPANSION OF ITS PARTNERSHIP WITH ABERCROMBIE & FITCH.  Full Article

Tapestry Appoints Joanne Crevoiserat Chief Financial Officer
Wednesday, 19 Jun 2019 

June 19 (Reuters) - Tapestry Inc ::TAPESTRY APPOINTS JOANNE C. CREVOISERAT CHIEF FINANCIAL OFFICER.TAPESTRY INC - CREVOISERAT REPLACES KEVIN WILLS, WHO DEPARTED FROM TAPESTRY IN FEBRUARY 2019.TAPESTRY INC - CREVOISERAT JOINS FROM ABERCROMBIE & FITCH CO.TAPESTRY - ANDREA SHAW RESNICK, WHO HELD POSITION OF INTERIM CFO, WILL CONTINUE AS GLOBAL HEAD OF INVESTOR RELATIONS AND CORPORATE COMMUNICATIONS.  Full Article

Abercrombie & Fitch Co Qtrly Loss Per Share $0.29
Wednesday, 29 May 2019 

May 29 (Reuters) - Abercrombie & Fitch Co ::. REPORTS FIRST QUARTER RESULTS.Q1 SALES $734 MILLION VERSUS REFINITIV IBES ESTIMATE OF $733.4 MILLION.SEES FY 2019 SALES UP 2 TO 4 PERCENT.QTRLY LOSS PER SHARE $0.29.FOR FISCAL 2019, SEES NET SALES TO BE UP IN RANGE OF 2% TO 4%.REMAIN ON TRACK TO ACHIEVE OUR PREVIOUSLY COMMUNICATED FISCAL 2019 OUTLOOK.FOR FISCAL 2019, SEES COMPARABLE SALES TO BE UP LOW-SINGLE DIGITS, ON TOP OF 3% LAST YEAR.COMPANY REMAINS ON TRACK TO DELIVER APPROXIMATELY 85 NEW EXPERIENCES THROUGH NEW STORES, REMODELS AND RIGHT-SIZES THIS YEAR.AS OF MAY 4, 2019 COMPANY HAD CASH AND EQUIVALENTS OF $586.1 MILLION.QTRLY COMPARABLE SALES OF 1%.FOR Q2 OF FISCAL 2019, SEES NET SALES TO BE FLAT TO UP 2%.WILL BE CEASING OPERATIONS OF ITS SOHO HOLLISTER FLAGSHIP STORE IN NY CITY.FOR Q2 OF FISCAL 2019, SEES COMPARABLE SALES TO BE APPROXIMATELY FLAT, ON 3% LAST YEAR.EXERCISED KICK-OUT CLAUSE FOR ITS MILAN, ITALY A&F FLAGSHIP LOCATION.MILAN, ITALY A&F FLAGSHIP STORE IS EXPECTED TO CLOSE BY END OF FISCAL 2019.FUKUOKA, JAPAN A&F FLAGSHIP STORE IS EXPECTED TO CLOSE IN BACK HALF OF FISCAL 2020.ABERCROMBIE & FITCH - THE SOHO AND FUKUOKA CLOSURES EXPECTED TO RESULT IN PRE-TAX LEASE-RELATED NET CHARGES IN Q2 OF FISCAL 2019 OF ABOUT $45 MILLION..ABERCROMBIE & FITCH - CHARGES RELATED TO THE COPENHAGEN AND MILAN CLOSURES ARE NOT EXPECTED TO BE SIGNIFICANT IN FISCAL 2019..REMAINS ON TRACK TO DELIVER ABOUT 85 NEW EXPERIENCES THROUGH NEW STORES, REMODELS AND RIGHT-SIZES THIS YEAR.  Full Article

Abercrombie & Fitch Sets Quarterly Cash Dividend Of 20 cents Per Share
Thursday, 23 May 2019 

May 23 (Reuters) - Abercrombie & Fitch Co ::SETS QUARTERLY CASH DIVIDEND OF $0.20PER SHARE.  Full Article

Abercrombie & Fitch Partners With Green Growth Brands To Sell CBD-Infused Body Care Products
Tuesday, 7 May 2019 

May 7 (Reuters) - Abercrombie & Fitch Co ::ABERCROMBIE & FITCH SAYS IT PARTNERS WITH GREEN GROWTH BRANDS TO SELL ITS SEVENTH SENSE BOTANICAL THERAPY CBD-INFUSED BODY CARE PRODUCTS.ABERCROMBIE & FITCH SAYS THE CBD-INFUSED BODY CARE PRODUCTS WILL BE TESTED IN 10 STORES THROUGHOUT MASSACHUSETTS, CALIFORNIA, COLORADO AND NEVADA.  Full Article

Nigel Travis Reports Open Market Purchase Of Some Class A Shares Of Abercrombie & Fitch
Wednesday, 13 Mar 2019 

March 12 (Reuters) - Abercrombie & Fitch Co ::NIGEL TRAVIS REPORTS OPEN MARKET PURCHASE OF 2,917 CLASS A COMMON SHARES OF ABERCROMBIE & FITCH CO AT RANGE OF $25.65 TO $25.72 - SEC FILING.  Full Article

Abercrombie & Fitch Reaffirms Q4 Outlook Ahead Of ICR Conference
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Abercrombie & Fitch Co ::. REAFFIRMS FOURTH QUARTER OUTLOOK AHEAD OF ICR CONFERENCE.Q4 EARNINGS PER SHARE VIEW $1.14, REVENUE VIEW $1.14 BILLION -- REFINITIV IBES DATA.  Full Article

Abercrombie & Fitch Reports Declaration Of Quarterly Dividend
Friday, 24 Aug 2018 

Aug 24 (Reuters) - Abercrombie & Fitch Co ::ABERCROMBIE & FITCH CO. REPORTS DECLARATION OF QUARTERLY CASH DIVIDEND OF $0.20 PER SHARE.  Full Article

BUZZ--Street view: Choppy Q2 ahead for Abercrombie & Fitch

May 30 ** Apparel retailer Abercrombie & Fitch Co on Wednesday forecast second-quarter sales below estimates, amid slowing demand for Hollister, a brand that has fuelled company growth over the last two years