Abercrombie & Fitch (ANF) Misses Q2 EPS by 12c; Comps Down 10%; Q3 EPS Outlook Light
- 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
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Cowen Downgrades Abercrombie & Fitch (ANF) to Market Perform
August 22, 2013 3:26 PM EDTCowen downgraded Abercrombie & Fitch (NYSE: ANF) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Abercrombie & Fitch click here. For more ratings news on Abercrombie & Fitch click here.
Shares of Abercrombie & Fitch closed at $46.80 yesterday, with a 52 week range of $30.06-$55.23.... More
Abercrombie (ANF) Guidance Negative for Peer Aeropostale (ARO) - Goldman
August 22, 2013 3:11 PM EDTGoldman Sachs maintained a Neutral rating on Abercrombie & Fitch (NYSE: ANF) with a modified price target of $42.00 (from $49.00). The change follows disappointing Q2 results and, importantly, weak guidance.
"ANF shares had held up well into the 2Q report despite very negative news from... More
Gamestop (GME) Up / Abercrombie (ANF) Down; Newsflash - Teens Are Fat
August 22, 2013 10:04 AM EDTShares of Abercrombie & Fitch Co. (NYSE: ANF) declined on Thursday in the wake of disappointing Q2 results and guidance. Meanwhile, GameStop Corp. (NYSE: GME) shares moved higher after reporting better than expected results over the same period.
... More
Janney Capital Downgrades Abercrombie & Fitch (ANF) to Neutral, Cites Lack of Visibility & Reduced Confidence in Turnaround
August 22, 2013 9:11 AM EDTJanney Capital downgraded Abercrombie & Fitch (NYSE: ANF) from Buy to Neutral with a price target of $40.00 (from $66.00), following weak Q2 results and outlook. Analyst Adrienne Tennant said the magnitude of the miss comes as a surprise.
"Due to lack of visibility on the turnaround, our negative overall view of the Softlines sector, pressure on the Teen consumer, and an unclear... More
Teen Retailer Plague Getting Worse, 'Nobody Immune' Says Wells (ANF) (AEO) (ARO)
August 22, 2013 8:55 AM EDTJust a day after dismal guidance from American Eagle Outfitters (NYSE: AEO), Abercrombie & Fitch Co. (NYSE: ANF) reported weak results, with comps guidance calling for a 10% decline in Q3.
Given Aeropostale's (NYSE:... More
Abercrombie & Fitch Co. (ANF) Declares $0.20 Quarterly Dividend; 1.7% Yield
August 22, 2013 7:07 AM EDTAbercrombie & Fitch Co. (NYSE: ANF) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.
The dividend will be payable on September 17, 2013, to stockholders of record on September 3, 2013, with an ex-dividend date of August 29, 2013.
The annual yield on the dividend is 1.7... More