Abercrombie's turnaround effort boosts holiday sales, hits forecast
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March 3, 2016 8:18 AM EST
Piper Jaffray maintained an Overweight rating on American Eagle Outfitters (NYSE: AEO), and raised the price target to $20.00 (from $19.00), following the company's 4Q earnings report. AEO reported EPS of $0.42, at the high-end of AEO's prior announced EPS expectation range of $0.40-$0.42. Comparable-store sales... More
March 3, 2016 7:30 AM EST
Jefferies reiterated a Buy rating and $24.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 4Q earnings report. AEO reported another solid quarter, with healthy comp gains, a flat GM, and slight SG&A leverage. AEO pointed to AUC tailwinds... More
March 2, 2016 4:01 PM EST
American Eagle Outfitters (NYSE: AEO) reported Q4 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $1.11 billion versus the consensus estimate of $1.12 billion.
Consolidated comparable sales increased 4%, compared to flat comparable sales last... More
March 2, 2016 1:19 PM EST
Mizuho Securities Reiterated a Neutral rating on Abercrombie & Fitch (NYSE: ANF), and raised the price target to $26.00 (from $22.00), following the company's 4Q earnings release. ANF reported EPS at $1.08, which beat the Streets $0.99 estimate on better than expected gross margin decline of (20) bp, while total comps of +1%... More
March 2, 2016 9:00 AM EST
Stifel is out with initial commentary on Abercrombie & Fitch (NYSE: ANF) following Q4 results issued earlier Wednesday.
Analyst Richard Jaffe noted that Abercrombie & Fitch's... More
