Abercrombie & Fitch (ANF) July Comps Down 7%; Guides Lower

August 7, 2008 8:10 AM EDT
Abercrombie & Fitch (NYSE: ANF) July comparable store sales decreased 7%. Total net sales rose 2% to $303.1 million.

Based upon lower than expected July sales, the Company now expects to report earnings per diluted share for the first half of the year of $1.55, which includes $0.01 related to charges associated with the departure of a senior executive.

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