Abercrombie & Fitch Co. Reports Third Quarter Results
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Abercrombie & Fitch (ANF) Tops Q3 EPS by 76c, Revenues Beat
November 24, 2020 7:35 AM ESTAbercrombie & Fitch (NYSE: ANF) reported Q3 EPS of $0.76, $0.76 better than the analyst estimate of $0.00. Revenue for the quarter came in at $820 million versus the consensus estimate of $726.42 million.
Continues progress on store network optimization; Announces early exit of four more flagships through lease transfers and sublease, reducing liabilities and bringing fiscal 2020 flagship closures to seven
A summary of results for the third quarter ended October 31, 2020 as compared to the third quarter ended November 2, 2019:
Net sales of $820 million, down 5% as compared to last year, reflecting the adverse impact of COVID-19 on store... More