Gamestop (GME) Up / Abercrombie (ANF) Down; Newsflash - Teens Are Fat
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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
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
GameStop Corp. (GME) Tops Q2 EPS by 5c; Boosts FY13 EPS Outlook
August 22, 2013 8:33 AM EDTGameStop Corp. (NYSE: GME) reported Q2 EPS of $0.09, $0.05 better than the analyst estimate of $0.04. Revenue for the quarter came in at $1.38 billion versus the consensus estimate of $1.35 billion.
Consolidated comparable store sales also decreased 10.7%, slightly better than the guidance provided on May 23.... 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
Abercrombie & Fitch (ANF) Misses Q2 EPS by 12c; Comps Down 10%; Q3 EPS Outlook Light
August 22, 2013 7:06 AM EDTAbercrombie & Fitch Co. (NYSE: ANF) reported Q2 EPS of $0.16, $0.12 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $945.7 million versus the consensus estimate of $996.64 million.
Total comparable sales for the quarter, including direct-to-consumer sales, decreased 10% with comparable U.S. sales decreasing 11%... More
Heavily-Shorted GameStop (GME) Lower Into Q2 Report
August 21, 2013 3:59 PM EDTGameStop Corp. (NYSE: GME) is lower into the close Wednesday, with the company expected to report Q2 results Thursday morning.
The Street is looking for GameStop to report Q2 EPS of $0.04 with sales of $1.35 billion, from EPS of $0.16 and revs of $1.55 billion... More
