Key TakeawaysAbercrombie & Fitch CEO Fran Horowitz said the clothing retailer continues to operate in "an increasingly uncertain environment."The company beat profit and sales estimates for the second quarter and raised its full-year revenue outlook.Abercrombie shares were down 17% in early-afternoon trading Wednesday. Abercrombie & Fitch (ANF) shares plunged Wednesday after the clothing retailer’s chief executive officer raised concerns about the economy affecting the retail market. CEO Fran Horowitz said ...

Abercrombie & Fitch Co. (ANF) has posted strong second-quarter fiscal 2024 results, with sales and earnings surpassing the Zacks Consensus Estimate and showing year-over-year improvement. This marks the sixth consecutive quarter in which Abercrombie has outperformed top and bottom-line estimates.The strong performance was fueled by substantial growth across regions and brands, especially in the Americas and the Abercrombie brand. The company’s earnings were supported by robust revenue growth, and enhanced g ...

The retailer's fiscal Q2 report had good news for investors -- and some bad news, too.A funny thing happened on the way to the Abercrombie & Fitch (ANF -15.18%) earnings report Wednesday morning. (And to be clear, I mean funny strange -- not funny ha-ha).Reporting on its financial performance for its fiscal Q2, which ended Aug. 3, the teen-centric clothier easily met analysts' consensus forecast for $1.1 billion in revenue, and also reported a $2.50 per share profit, well ahead of the $2.22 that Wall Street ...

Abercrombie & Fitch (ANF) reported $1.13 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 21.2%. EPS of $2.50 for the same period compares to $1.10 a year ago.The reported revenue represents a surprise of +4.06% over the Zacks Consensus Estimate of $1.09 billion. With the consensus EPS estimate being $2.14, the EPS surprise was +16.82%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Abercrombie & Fitch Co. (NYSE:ANF) Q2 2024 Earnings Conference Call August 28, 2024 8:30 AM ET Company Participants Mohit Gupta - VP, IR Fran Horowitz - CEO Scott Lipesky - EVP, CFO Conference Call Participants Dana Telsey - Telsey Advisory Group Corey Tarlowe - Jefferies Matthew Boss - JPMorgan Paul Lejuez - Citi Marni Shapiro - The Retail Tracker Alex Straton - Morgan Stanley Janet Kloppenburg - JJK Research Associates Mauricio Serna - UBS Dylan Carden - William Blair Operator Good day and thank you for s ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Abercrombie & Fitch (ANF) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $1.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.82%. A quarter ago, it was expected that this teen clothing retailer would post earnings of $1.66 per share when it actually produced earnings of $2.14, delivering a surprise of 28.92%.Over the last four quar ...

bercrombi bercrombie Fitch Abercrombie & Fitch Co. INVESTOR PRESENTATION: SECOND QUARTER 2024 | --- | |-----------------------------------| | TABLE OF CONTENTS | | Safe Harbor and Other Information | | Company Overview | | Q2 2024 Results | | Appendix | | | SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 This presentation contains forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). These statements, including, without ...

An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21.Abercrombie & Fitch's revenue grew 21% during its fiscal second quarter as the apparel company builds on its torrid growth. The sales gain, which follows 16% growth in the year-ago period, led the company to issue bullish guidance for the current quarter. Still, its full-year outlook was largely in line with estimates as it prepares for one fewer week this y ...

Record second quarter net sales of $1.1 billion, up 21% from last year with comparable sales growth of 18%Broad-based net sales growth across regions and brands, with Abercrombie brands growth of 26% and Hollister brands accelerating to growth of 17%Operating margin expands 590 basis points to 15.5%, with record second quarter operating income of $176 millionFurther strengthened balance sheet with redemption of all its outstanding 8.75% senior secured notes and amendment and extension of ABL Facility result ...