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Janney Capital Downgrades Abercrombie & Fitch (ANF) to Sell

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Cowen Raises Price Target on Abercrombie & Fitch (ANF) Following Q1

May 29, 2015 7:44 AM EDT

Cowen maintains a Market Perform rating on Abercrombie & Fitch (NYSE: ANF), and raised the price target to $23.00 (from $20.00), following Q1 results. ANF reported EPS of $(0.53) vs. Streets $(0.34)

Analyst Oliver Chen commented, "Mgmt is committed to driving turnaround & outlook incl. sequentially improving comps in... More

Stifel Sidelined on Abercrombie & Fitch (ANF) Until Merchandise Turnaround Becomes Clearer

May 28, 2015 8:58 AM EDT

Stifel reaffirms its Hold rating on Abercrombie & Fitch Co. (NYSE: ANF) following Q1 results issued earlier on the session. ANF posted Q1 loss of $0.53 per share versus the firm's $0.39 per share loss estimate.

Analyst Richard Jaffe commented, Poor results were driven by the anniversarying of a difficult comparison in the logo apparel... More

Abercrombie & Fitch (ANF) Misses Q1 EPS by 19c, Comps Decline 8%

May 28, 2015 7:37 AM EDT

Abercrombie & Fitch (NYSE: ANF) reported Q1 EPS of ($0.53), $0.19 worse than the analyst estimate of ($0.34). Revenue for the quarter came in at $709 million versus the consensus estimate of $730.08 million. Comps declined 8%.

The Company said it currently expects:

Continued headwinds from foreign currency exchange... More