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Abercrombie & Fitch Co (ANF)

ANF on New York Consolidated

15.76USD
7 Dec 2016
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Latest Key Developments (Source: Significant Developments)

Abercrombie & Fitch Co settles religious discrimination case following supreme court ruling in favor of EEOC - EEOC
Sunday, 19 Jul 2015 08:00pm EDT 

Abercrombie & Fitch Co:A federal appeals court today dismissed Abercrombie & Fitch's appeal of EEOC's religious discrimination case against the company - Equal Employment Opportunity Commission.The case involved Abercrombie's refusal to hire Samantha Elauf, a Muslim, because of her religious practice of wearing a hijab.The U.S. Tenth Circuit Court of Appeals dismissed Abercrombie's appeal of EEOC's case against the company due to Abercrombie's decision to settle EEOC's claims following the U.S. Supreme Court ruling in favor of EEOC.Says has paid $25,670 in damages to Elauf and $18,983 in court costs.The Supreme Court held that an employer may not refuse to hire an applicant if the employer was motivated by avoiding the need to accommodate a religious practice.The case arose when Elauf, then a teenager who wore a headscarf or hijab as part of her Muslim faith, applied for a job at an Abercrombie & Fitch store in her hometown of Tulsa, Okla.Elauf was denied hire for failing to conform to the company's "look policy," which Abercrombie claimed banned head coverings.Elauf then filed a charge with the EEOC, alleging religious discrimination, charging that the company refused to hire Elauf due to her religion, and that it failed to accommodate her religious beliefs by making an exception to its "look policy" prohibiting head coverings.  Full Article

Abercrombie & Fitch Co declares quarterly cash dividend
Thursday, 28 May 2015 07:30am EDT 

Abercrombie & Fitch Co:Declared a quarterly cash dividend of $0.20 per share on the Class A Common Stock of Abercrombie & Fitch Co., payable on June 10, to stockholders of record at the close of business on June 2.  Full Article

Abercrombie & Fitch Co declares quarterly cash dividend
Friday, 22 May 2015 08:45am EDT 

Abercrombie & Fitch Co:Declares a quarterly cash dividend of $0.20 per share on the Class A Common Stock.Payable on June 10 to shareholders of record at the close of business on June 2.  Full Article

NY attorney general questions Abercrombie & Fitch Co and other retailers’ practices for on-call staff, pay for short shifts - AP
Sunday, 12 Apr 2015 08:00pm EDT 

Abercrombie & Fitch Co:New York’s attorney general has launched an inquiry into 13 retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for atleast four hours when they report to work - The Associated Press.Letters were sent to Gap Inc., Abercrombie & Fitch, J. Crew Group Inc., L. Brands, Burlington Coat Factory, TJX Companies, Urban Outfitters, Target Corp., Sears Holding Corp., Williams-Sonoma Inc., Crocs, Ann Inc. and J.C. Penney Co. Inc.Attorney General has targeted New York employers who cheat or underpay low-wage workers, getting more than $17 mln in restitution for about 14,000 workers from fast food franchise owners, construction contractors and others.The attorney general’s office is now examining retailers and whether reporting in to an employer also triggers the pay requirement under New York law.The attorney general’s office said it has received reports of more employers setting shifts the night before or even just a few hours in advance, including these 13.  Full Article

Abercrombie & Fitch declares quarterly cash dividend
Thursday, 19 Feb 2015 08:45am EST 

Abercrombie & Fitch Co:Declared a quarterly cash dividend of $0.20 per share on the Class A Common Stock of Abercrombie & Fitch Co, payable on March 11 to shareholders of record at the close of business on March 3.  Full Article

UPDATE 2-Urban Outfitters sales miss as Anthropologie, Free People drag

Nov 22 Urban Outfitters Inc's quarterly comparable sales missed analysts' estimate as fewer shoppers visited its Anthropologie and Free People stores despite higher discounting.