Abercrombie & Fitch (ANF) Reports Q1 Loss Per Share of 91c, Comps Decline 3%

Go back to Abercrombie & Fitch (ANF) Reports Q1 Loss Per Share of 91c, Comps Decline 3%

ABERCROMBIE & FITCH CO. REPORTS FIRST QUARTER RESULTS

May 25, 2017 7:31 AM EDT

Progress on strategic initiatives; 3% net sales growth in Hollister and overall net sales down 4% in an intense promotional environment

New Albany, Ohio, May 25, 2017:  Abercrombie & Fitch Co. (NYSE: ANF) today reported a net loss per diluted share of $0.91 for the first quarter ended April 29, 2017.

The net loss per diluted share for the first quarter of fiscal 2017 included the following tax impacts:
·      a non-cash income tax charge of $0.14 per diluted share related to a change in share-based... More