Company Earnings UpdateAbercrombie & Fitch (ANF) 2Q16 RESULTS: 2H OUTLOOK SUGGESTS LITTLE TO NO IMPROVEMENT OVER 1H Coresight Research August 31, 2016 Executive Summary Abercrombie & Fitch (A&F) reported 2Q EPS of $(0.25) versus consensus of ($0.20). Total revenue was $783.2 million versus expectations of $782.6 million. Comps were down 4%, in-line with consensus. Abercrombie comps were (7)% versus consensus of (7.2)% and Hollister comps were (2)% versus consensus of (2.3)%. Traffic remained a significant headwind in the quarter. Sales recovered in the Hollister European business. Looking toward 2H16, comps are expected to remain challenging with a disproportionate effect from flagship and tourist locations. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Inconsistent Trends Appear to Reflect Uncertainty: Weekly US Consumer Sentiment, Week 31, 2025—InfographicFrom Prohibition to Participation: Measuring the Impact of Cannabis and Psychedelic Mushroom Legalization on Consumer SpendingUS CPG Sales Tracker: Homecare and Health Dominate at the Start of 2025Analyst Corner—US Convenience Store Retailing: Battling Headwinds and Seeking New Opportunities, with Sujeet Naik
