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Abercrombie & Fitch Co (ANF.N)

ANF.N on New York Stock Exchange

9.56USD
21 Jul 2017
Change (% chg)

$-0.06 (-0.62%)
Prev Close
$9.62
Open
$9.67
Day's High
$9.67
Day's Low
$9.36
Volume
1,118,957
Avg. Vol
1,016,797
52-wk High
$23.29
52-wk Low
$8.81

Latest Key Developments (Source: Significant Developments)

Abercrombie & Fitch says ‍terminated discussions regarding potential transaction​
Monday, 10 Jul 2017 08:15am EDT 

July 10 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co - ‍terminated discussions regarding a potential transaction​.Says company said it does not intend to comment any further on above noted discussions.Abercrombie & Fitch Co - ‍"We believe in prospects for our business and opportunities for our brands​".  Full Article

Abercrombie to bring new A&F store concept to Hong Kong by end of 2017
Thursday, 29 Jun 2017 08:30am EDT 

June 29 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co - announced that it will bring its new A&F store concept to Hong Kong by end of 2017.Abercrombie & Fitch Co - signed agreement with Wharf Holdings, plans to bring brand to Wharf's property, Harbour City.  Full Article

Abercrombie & Fitch Co declares cash dividend of $0.20/shr
Friday, 19 May 2017 04:05pm EDT 

May 19 (Reuters) - Abercrombie & Fitch Co :Abercrombie & Fitch Co reports declaration of quarterly cash dividend of $0.20 per share.  Full Article

Abercrombie & Fitch in preliminary discussions for potential transaction
Wednesday, 10 May 2017 04:40pm EDT 

May 10 (Reuters) - Abercrombie & Fitch Co ::Abercrombie & Fitch Co in preliminary discussions for potential transaction.Abercrombie & Fitch-reported that, after getting expressions of interest, it is in preliminary talks with several parties regarding potential deal.  Full Article

Abercrombie & Fitch announces partnership with Zalora
Monday, 10 Apr 2017 08:45am EDT 

Abercrombie & Fitch Co : Announces partnership with Zalora . Abercrombie & Fitch Co says has entered into a wholesale agreement with Zalora .Abercrombie & Fitch - Starting next week, Zalora will offer Hollister merchandise through online stores.  Full Article

Arrowstreet Capital, Limited Partnership reports 3.7 pct passive stake in Abercrombie & Fitch
Monday, 20 Mar 2017 05:16pm EDT 

Abercrombie & Fitch Co :Arrowstreet Capital, Limited Partnership reports 3.7 percent passive stake in Abercrombie & Fitch as of March 17 versus 5.3 percent stake as of Dec 31 - SEC filing.  Full Article

Abercrombie & Fitch on conf call- Q1 will remain challenging as we sort through assortment issue
Thursday, 2 Mar 2017 10:39am EST 

Abercrombie & Fitch Co : On conf call- in Hollister guys, had strong performance in denim, knit tops and outerwear in Q4 . On conf call- in Hollister girls side, cozy fabrics and trend details in tops, fashion and innovation in denim performed well in Q4 . On conf call- intimates category, highlighted by the reintroduction of the Gilly Hicks brand, did well in Q4 . Ended the season too lean in certain wear now categories, this was a function of some staffing and process issues . Expect impact of staffing and process issues to continue into the first quarter of 2017, "however, this will not happen again" . Added to our payment capabilities with WeChat pay and Apple pay . Flagship and tourist stores remain profitable in the aggregate . Expanding emerging categories such as swim and Gilly Hicks . Q1 will remain challenging as we sort through assortment issue . In 2017 plan to complete seven new a&f prototype stores and approximately 40 hollister remodels . Towards the back half of the year we will be rolling out an international loyalty program Further company coverage: [ANF.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

Abercrombie & Fitch Q4 GAAP earnings per share $0.71
Thursday, 2 Mar 2017 07:18am EST 

Abercrombie & Fitch Co : Abercrombie & Fitch Co reports fourth quarter results . Q4 GAAP earnings per share $0.71 . Q4 sales $1.036 billion versus I/B/E/S view $1.05 billion . Q4 earnings per share view $0.75 -- Thomson Reuters I/B/E/S . Abercrombie & Fitch Co says qtrly comparable sales for Q4 down 5% . Abercrombie & Fitch Co says "results for quarter reflect a still challenging and competitive retail environment" . Abercrombie & Fitch Co says "environment is likely to remain challenging in 2017" . Abercrombie & Fitch Co says company is targeting capital expenditures to be approximately $100 million for fiscal 2017 . Abercrombie & Fitch Co says "comparable sales to improve for full year, but to remain challenging for first half" in 2017 . Abercrombie & Fitch Co says anticipates closing approximately 60 stores in U.S. during fiscal year through natural lease expirations . Abercrombie & Fitch Co says competitive environment resulted in more promotional activity and a lower gross margin rate than planned in quarter . Abercrombie & Fitch Co says actions already taken to reduce expense by approximately $100 million in 2017 . Abercrombie & Fitch Co says Q4 Abercrombie comparable sales down 13% . Abercrombie & Fitch Co says retail environment is likely to remain "challenging" in 2017 . Abercrombie & Fitch says expects to incur non-cash income tax charge of about $9 million in Q1 due to change in share-based compensation accounting standards.  Full Article

Abercrombie & Fitch says qtrly dividend of $0.20/shr on class A stock
Thursday, 16 Feb 2017 08:00am EST 

Abercrombie & Fitch Co - :Abercrombie & Fitch Co- board of directors declared a quarterly cash dividend of $0.20 per share on class A common stock.  Full Article

Abercrombie & Fitch names Fran Horowitz chief executive
Wednesday, 1 Feb 2017 04:30pm EST 

Abercrombie & Fitch Co : Abercrombie & Fitch Co. names Fran Horowitz chief executive officer and Joanne C. Crevoiserat chief operating officer . Abercrombie & Fitch Co - Joanne Crevoiserat, executive vice president and chief financial officer, has been promoted to chief operating officer . Abercrombie & Fitch Co - Horowitz will also join company's board of directors. . Abercrombie & Fitch Co - Arthur Martinez will continue in role of executive chairman .Abercrombie & Fitch Co - with Horowitz's appointment, office of chairman, which has been leading company since december 2014, has been dissolved.  Full Article