Abercrombie & Fitch (ANF) PT Raised to $44 at BofA/Merrill Lynch; 'Neutral' Maintained
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Stifel Comments on Abercrombie & Fitch (ANF) Following Q2 Results, Outlook
August 28, 2014 8:56 AM EDTStifel comments on Abercrombie & Fitch (NYSE: ANF) following Q2 results, which saw the retailer top EPS expectations, but reaffirm FY14 expectations.
Analyst Richard Jaffe noted the following key points immediately following results:Management Reiterated 2014 Guidance As Increased Buy Backs and a 2Q Beat Offsets Weaker than Anticipated Sales The company did not give 3Q guidance however it did reiterate its 2014... More
Abercrombie & Fitch Co. (ANF) Tops Q2 EPS by 8c; Comps Fell 7%
August 28, 2014 7:32 AM EDTAbercrombie & Fitch Co. (NYSE: ANF) reported Q2 EPS of $0.19, $0.08 better than the analyst estimate of $0.11. Revenue for the quarter came in at $891 million versus the consensus estimate of $909.62 million.
Total comps fell 7 percent.
Mike Jeffries, Chief Executive Officer,... More
