Abercrombie & Fitch (ANF) April Comps Down 15%

May 10, 2007 8:06 AM EDT
Abercrombie & Fitch (NYSE: ANF) said April comparable store sales decreased 15% for the four-week period ended May 5, 2007, compared to the four-week period ended May 6, 2006.

The Company expects to report net income per diluted share of $0.64 to $0.65 for the first quarter of fiscal 2007. Despite difficult selling conditions, the Company expects to achieve its projected growth primarily through prudent expense management.

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Guidance, Retail Sales