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Abercrombie & Fitch Co (ANF)

ANF on New York Consolidated

13.22USD
26 May 2017
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$-0.83 (-5.91%)
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Latest Key Developments (Source: Significant Developments)

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

Reg-Abercrombie & fitch co. Reports third quarter results
Friday, 18 Nov 2016 07:30am EST 

Abercrombie & Fitch Co : Abercrombie & fitch co - comparable sales for q3 down 6% . Continued adverse impact from foreign currency on sales and operating income in Q4 . Abercrombie & fitch co- for Q4 of fiscal 2016 sees comparable sales to be challenging . Qtrly abercrombie comparable sales down 14 percent . Will be closing its a&f flagship store in seoul in january 2017 . Qtrly hollister comparable sales flat . Now expects capital expenditures to be approximately $140 million for full year . Abercrombie & fitch - sees for q4, gross margin rate down slightly to last year's adjusted non-gaap rate of 60.7% . Abercrombie & fitch co - anticipates closing about 35 stores in u.s. In q4 through natural lease expirations, in addition to 15 stores closed ytd . Abercrombie & fitch co - company expects to open seven new stores in q4, including five in china and two in u.s. . Abercrombie & fitch-exercised lease kick-out option for a&f flagship store in hong kong, expects to incur lease termination charge of about $16 million in q4 . Reg-Abercrombie & Fitch co. Reports third quarter results . Q3 gaap earnings per share $0.12 . Q3 earnings per share view $0.21 -- Thomson Reuters I/B/E/S . Q3 adjusted non-gaap earnings per share $0.02 excluding items .Q3 sales $821.7 million versus I/B/E/S view $830.6 million.  Full Article

Abercrombie & Fitch saw minor sales disruptions around Brexit vote
Tuesday, 30 Aug 2016 10:55am EDT 

Abercrombie & Fitch Co : Have seen FX headwinds increase post-Brexit, particularly the pound and to lesser degree the euro - Conf Call . Saw a minor disruption in traffic and sales trends around the Brexit vote (in UK) - Conf call Further company coverage: [ANF.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

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Abercrombie's same-store sales beat on demand for Hollister brand

Abercrombie & Fitch Co , which has put itself up for sale, posted a smaller-than-expected drop in same-store sales, helped by strong demand for surfwear brand Hollister.