Abercrombie & Fitch (ANF) Swings to Q1 Loss; Conducting Strategic Review of Ruehl Operations
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Abercrombie & Fitch Co. (NYSE: ANF) reports Q1 loss of $0.31, versus the analyst estimate of ($0.14) and compared to a gain of $0.69 in the same quarter last year. Revenue for the quarter was $612.1 million, versus the consensus of $616.48 million.
Q1 same store sales fell 30%.
Maintains $0.175 dividend.
Sees FY09 CapEx of $200 million.
Conducting a strategic review of Ruehl operations.
UPDATE: Click here to see some highlights from the company's Q1 conference call.
Q1 same store sales fell 30%.
Maintains $0.175 dividend.
Sees FY09 CapEx of $200 million.
Conducting a strategic review of Ruehl operations.
UPDATE: Click here to see some highlights from the company's Q1 conference call.
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