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: Canada Store Openings and Closures Tracker 2025: Store Openings Edge Past Closures as Costco, Sephora and Uniqlo ExpandEarnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth—InfographicFinancial Confidence Reaches Five-Month High; TJX Dominates Off-Price Retail; Dollar Tree Leads Dollar Stores: US Consumer Survey InsightsEarnings Insights 4Q24, Week 4: Birkenstock, Hermès, Sprouts and More Post Double-Digit Growth
