Abercrombie & Fitch (ANF) Tops Q4 EPS by 20c, Offers Guidance
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Abercrombie & Fitch Co. Reports Fourth Quarter and Full Year Results
March 6, 2019 7:30 AM ESTNet sales of $1.2 billion for the quarter declined 3% from last year. Results reflect a combined adverse impact of approximately 6% due to the calendar shift, the loss of fiscal 2017's 53rd week and foreign currency fluctuations. For the full year, net sales grew 3% to $3.6 billion.Positive comparable sales of 3% for both the quarter and the full year, on top of 9% and 3% last year, respectively.Gross profit rate expansion of 70 basis points for the quarter and 50 basis points for the full... More
