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Abercrombie & Fitch Co (ANF.N)

ANF.N on New York Stock Exchange

16.04USD
17 Jun 2019
Change (% chg)

$0.55 (+3.55%)
Prev Close
$15.49
Open
$15.52
Day's High
$16.46
Day's Low
$15.49
Volume
855,552
Avg. Vol
598,629
52-wk High
$30.62
52-wk Low
$14.66

Latest Key Developments (Source: Significant Developments)

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

Abercrombie & Fitch Co. Appoints Kerrii Anderson As Director
Tuesday, 27 Feb 2018 

Feb 27 (Reuters) - Abercrombie & Fitch Co ::ABERCROMBIE & FITCH CO. APPOINTS KERRII B. ANDERSON AS DIRECTOR.ABERCROMBIE & FITCH CO - ‍ELECTION OF KERRII B. ANDERSON AS A DIRECTOR, EFFECTIVE FEBRUARY 23​.ABERCROMBIE & FITCH CO - ‍ANDERSON WILL SERVE AS A MEMBER OF AUDIT AND FINANCE COMMITTEE OF BOARD​.ABERCROMBIE & FITCH CO - ‍WITH ANDERSON'S ELECTION, ABERCROMBIE & FITCH CO.'S BOARD EXPANDS TO TEN DIRECTORS​.ABERCROMBIE & FITCH CO - ‍ANDERSON MOST RECENTLY SERVED AS CEO OF WENDY'S INTERNATIONAL INC​.  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
Friday, 20 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 Co appoints Scott D. Lipesky as CFO
Wednesday, 6 Sep 2017 

Sept 6 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co appoints chief financial officer.Announced appointment of Scott D. Lipesky as senior vice president and chief financial officer.Lipesky joins co from American Signature Inc.  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