Abercrombie & Fitch (ANF) Misses Q3 EPS by 19c; Comps Fell 6%
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
ABERCROMBIE & FITCH CO. REPORTS THIRD QUARTER RESULTS
November 18, 2016 7:31 AM ESTNew Albany, Ohio, November 18, 2016: Abercrombie & Fitch Co. (NYSE: ANF) today reported GAAP net income per diluted share of $0.12 for the third quarter ended October 29, 2016, compared to GAAP net income per diluted share of $0.60 for the third quarter last year. Excluding certain items, the company reported adjusted non-GAAP net income per diluted share of $0.02 for the third quarter, compared to adjusted non-GAAP net income per diluted share of $0.48 last year. The adverse impact from year-over-year changes in foreign currency exchange rates for the quarter was approximately $0.09... More