Company Earnings Update 2 minutesRegister for Free Access

Abercrombie & Fitch (ANF) 2Q17 Results: Beats on EPS, Revenues and Comps

Executive Summary

  • Abercrombie & Fitch reported 2Q17 adjusted EPS of $(0.16), compared with $(0.25) in the year-ago quarter and beating the consensus estimate of $(0.33). Revenues were $779 million, down 0.5% year over year but beating the consensus estimate of $759 million.
  • Comps decreased by 1%, ahead of the (2)% consensus estimate and up from (3)% in the first quarter. Hollister comps increased by 5%, while Abercrombie comps declined by 7%.
  • The company’s guidance was for flat comps for the year, with comps flat to slightly up in the second half.

Please Login to read the full report. Not a member? Register for a free user account.