Abercrombie & Fitch (ANF) Declares $0.20 Quarterly Dividend; 4.1% Yield
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Cowen Reiterates Market Perform on Abercrombie & Fitch (ANF) Following Strong 3Q Results
November 20, 2015 4:00 PM ESTCowen reiterated a Market Perform rating on Abercrombie & Fitch (NYSE: ANF), and raised the price target to $24.00 (from $22.00), following the company's 3Q earnings report. ANF reported adjusted EPS of $0.48, beating the Street's $0.22 estimates, on exp savings & better GM's. International comped +1% vs. overall ANF -1%, and... More
Heightened Expectations for Abercrombie & Fitch (ANF) Could Keep Stock Range Bound Following Appreciation; Mizuho Securities Remains Neutral
November 20, 2015 2:38 PM ESTMizuho Securities reiterated a Neutral rating on Abercrombie & Fitch (NYSE: ANF), and raised the price target to $22.00 (from $18.00), following the company's 3Q earnings report. 3Q EPS of $0.48 beat the Streets $0.22 on better than expected gross margin gain of +120 bp while total comps of (1)% was... More
Abercrombie & Fitch (ANF) Tops Q3 EPS by 3c; Comps Fell 1%
November 20, 2015 7:34 AM ESTAbercrombie & Fitch (NYSE: ANF) reported Q3 EPS of $0.25, $0.03 better than the analyst estimate of $0.22. Revenue for the quarter came in at $878.6 million versus the consensus estimate of $864.65 million.
Comparable sales for the third quarter decreased 1%.
Arthur Martinez, Executive Chairman, said:
"Our third quarter results exceeded our expectations coming into the quarter and provide the strongest validation yet that our initiatives are working. We have seen positive customer response to the actions we have been taking on a number of fronts. We saw... More