Abercrombie & Fitch (ANF) Declares $0.20 Quarterly Dividend; 4.1% Yield
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Go back to Abercrombie & Fitch (ANF) Declares $0.20 Quarterly Dividend; 4.1% Yield
November 20, 2015 4:00 PM EST
Cowen 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
November 20, 2015 2:38 PM EST
Mizuho 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
November 20, 2015 7:34 AM EST
Abercrombie & 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
