Abercrombie & Fitch Co. Reports First Quarter Results
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Abercrombie & Fitch (ANF) Misses Q1 EPS by 35c, Revenue Beats, Offers Guidance
May 24, 2022 7:31 AM EDTAbercrombie & Fitch (NYSE: ANF) reported Q1 EPS of ($0.27), $0.35 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $813 million versus the consensus estimate of $799.31 million.
Fiscal 2022 Full Year Outlook:
To more closely align with industry practices, and the companys plans to flex operating expenses in response to volatility in freight and other costs, beginning this quarter, the company will no longer provide a full year outlook on gross profit rate or... More
