|Bid||9.80 x 1800|
|Ask||9.89 x 2900|
|Day's Range||9.60 - 10.06|
|52 Week Range||7.42 - 19.18|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar. 05, 2020|
|1y Target Est||N/A|
The Senior Secured Notes were offered and sold only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act. The Senior Secured Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. A&F cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this press release or made by management or spokespeople of A&F involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond A&F’s control.
This represents a $50 million increase in the original offering amount of the Senior Secured Notes. The Senior Secured Notes will mature on July 15, 2025. The Senior Secured Notes were priced at 100% of face amount for a yield to maturity of 8.75%.
The Senior Secured Notes will be guaranteed on a senior secured basis, jointly and severally, by A&F and each of the existing and future wholly-owned domestic restricted subsidiaries of A&F that guarantee or will guarantee A&F Management’s existing senior secured asset-based revolving credit facility (the “Amended ABL Facility”) or certain future capital markets indebtedness. The Senior Secured Notes and the related guarantees will be secured by a first priority lien on certain of A&F Management’s, A&F’s and the other guarantors' real property, intellectual property, equipment, equity interests in A&F Management and the guarantors other than A&F, and general intangibles, subject to certain exceptions and permitted liens, and by a second priority lien on security interests in accounts and credit card receivables, inventory, deposit accounts, securities accounts, intercompany loans and related assets, which security interests will be junior to the security interests in such assets that secure the Amended ABL Facility.
Company continues to reopen stores globally on a rolling basis with roughly half of the fleet currently openQ1 results reflect strong cash flow management and month-over-month.
Abercrombie & Fitch Co. (ANF) today announced the election of two new independent board members, Susie Coulter and James A. Goldman, effective May 20, 2020. Additionally, James Bachmann’s term on the Board of Directors ended immediately prior to the Company’s Annual Meeting after serving on the Board for nearly 17 years. “I’d also like to thank Jim Bachmann for his many years of dedicated service to A&F. We greatly appreciate his numerous contributions to the Company over the years.”
Abercrombie & Fitch Co. (ANF) today announced that it has changed the date of its previously announced quarterly earnings conference call to Thursday, May 28, 2020 at 8:30 a.m. ET. Abercrombie & Fitch Co. (ANF) is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids through three renowned brands.
NEW ALBANY, Ohio, May 01, 2020 -- Abercrombie & Fitch Co. (NYSE: ANF) will be holding its quarterly earnings conference call for all interested parties on Thursday, June 4,.
Abercrombie & Fitch Co. (ANF), a leading, global specialty retailer of apparel and accessories, today announced it has partnered with thredUP, the world’s largest fashion resale marketplace. This partnership allows customers to send in their clothing for gift cards to be redeemed at Abercrombie & Fitch, abercrombie kids, Hollister and Gilly Hicks. A&F Co. is thredUP’s latest Resale-as-a-Service (RAAS) cleanout distribution partner.
Abercrombie & Fitch Co. (ANF) today announced further updates in response to the continued spread of COVID-19. The company’s online stores remain open globally, and the majority of stores in the APAC region are open.
With the well-being of its customers, associates and communities in mind, and to help limit the spread of the virus, Abercrombie & Fitch Co. will continue to keep stores outside of the APAC region temporarily closed until further notice. The Company will continue to follow the guidance of local governments and health organizations to determine when it can reopen its stores across North America and the EMEA region. The Company’s stores in the APAC region across all its brands are currently open.
NEW ALBANY, Ohio, March 04, 2020 -- Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the fourth quarter and fiscal year ended February 1, 2020. These compare.
NEW ALBANY, Ohio, Feb. 28, 2020 (GLOBE NEWSWIRE) -- abercrombie kids, a division of Abercrombie & Fitch Co. (ANF), happily announces the launch of its “Kind Crew”, a team of six kids enlisted to inspire other young people and spread kindness through various on-the-ground and digital activations. While noteworthy for their own individual talents, each member of the Kind Crew was selected because they embody kindness in their own lives, spreading messages of acceptance, authenticity and positivity wherever they go. To support this, abercrombie kids will also benefit several organizations dedicated to children’s wellness, beginning with On Our Sleeves™, the movement to transform children's mental health.
Abercrombie & Fitch Co. (ANF) today reported that on February 21, 2020, the Board of Directors declared a quarterly cash dividend of $0.20 per share on the Class A Common Stock of Abercrombie & Fitch Co., payable on March 16, 2020 to stockholders of record at the close of business on March 6, 2020. A&F cautions that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained herein or made by management or spokespeople of A&F involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the Company’s control. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” and similar expressions may identify forward-looking statements.
Hollister Co., a division of Abercrombie & Fitch Co. (ANF), and the global teen brand celebrating the spirit of an endless summer, has pledged its support for preventative mental health and self-care for teens across the world by declaring March 2, 2020, the inaugural World Teen Mental Wellness Day. This day was created in partnership with National Day Calendar and is the first of its kind dedicated to mental wellness among the teen demographic, specifically. World Teen Mental Wellness Day aims to raise greater awareness of mental health issues among teens, as well as provide education about removing stigmas surrounding preventative mental health.
Abercrombie & Fitch, a division of Abercrombie & Fitch Co. (ANF), is proud to launch a groundbreaking campaign building off of 2019’s successful relaunch of its iconic fragrance, Fierce. A&F’s 2020 Fierce Family cast includes professional athletes Megan Rapinoe and Kyle Kuzma, activists, dancers, authors, community trailblazers, actors, performers, models, entrepreneurs, comedians and more—all of who have made their mark on the world by living as their most authentic, brave and Fierce selves. While Fierce has consistently been ranked one of the top-selling fragrances in the country, the campaign contributed to the fragrance’s best comparable sales in over five years.
NEW ALBANY, Ohio, Feb. 05, 2020 -- Abercrombie & Fitch Co. (NYSE: ANF) will be holding its quarterly earnings conference call for all interested parties on Wednesday, March.
Abercrombie & Fitch Co. (ANF), a leading, global specialty retailer of apparel and accessories, today announced it received a perfect score on the Human Rights Campaign’s 2020 Corporate Equality Index (CEI), the nation’s premier benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. The company has achieved this top rating since 2007. The 2020 CEI evaluated LGBTQ-related policies and practices, including non-discrimination policies, employee benefits, demonstrated organizational competency and accountability around LGBTQ diversity and inclusion, public commitment to LGBTQ equality, and responsible citizenship.
Hollister Co., a division of Abercrombie & Fitch Co. (ANF), and the global teen retailer celebrating the spirit of an endless summer, has launched its second annual Ultimate Prom Contest, held in partnership with High School Nation. This contest will award one U.S. high school a once-in-a-lifetime prom experience, including a live musical performance, decorations, swag bags, and a donation to the school’s music and art programs. In addition, from January 17-19, Hollister will hold a “Promposal” sweepstakes on its Facebook, Twitter and Instagram channels, where four students will be awarded a cash prize to ask their dates to prom in the most epic way possible.
Net sales to be in the range of flat to up 2%, reflecting an adverse impact from changes in foreign currency exchange rates of approximately $5 million. Gross profit rate to be down approximately 150 basis points as compared to fiscal 2018 rate of 59.1%, reflecting a combined adverse impact of 70 basis points from changes in foreign currency exchange rates and anticipated China tariffs. Operating expense, excluding other operating income, to be in the range of flat to up 2% from fiscal 2018 adjusted non-GAAP operating expense of $555 million.
NEW ALBANY, Ohio, Jan. 07, 2020 -- Abercrombie & Fitch Co. (NYSE: ANF) today announced that Chief Executive Officer Fran Horowitz will be presenting at the ICR Conference.
NEW ALBANY, Ohio, Nov. 26, 2019 -- Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the third quarter ended November 2, 2019. These compare to results for.
Abercrombie & Fitch Co. (ANF) today announced it will open a new Abercrombie & Fitch store, including abercrombie kids, in Westfield London, the largest shopping destination in Europe attracting 30 million visitors a year. Following this addition, all of A&F Co.’s brands will be represented at Westfield London – a new Hollister store, which includes Gilly Hicks, has been open at this shopping destination since July 2019. As the company continues to grow globally and invest in its people and real estate in the London market, A&F Co. also announced that its Savile Row space, currently occupied by abercrombie kids, will be enhanced and repurposed as the global company’s EMEA Home Office, allowing more room for its expanded team in the region.
NEW ALBANY, Ohio, Nov. 01, 2019 -- Abercrombie & Fitch Co. (NYSE: ANF) will be holding its quarterly earnings conference call for all interested parties on Tuesday,.
Abercrombie & Fitch Co. (ANF), a leading, global specialty retailer of apparel and accessories, is pleased to announce its partnership with Bring Change to Mind (BC2M), a nonprofit organization dedicated to encouraging dialogue and raising awareness, understanding and empathy about mental health. Co-founded by award-winning actor and activist, Glenn Close, whose family has been affected by mental health issues, BC2M is focused on ending the stigma and discrimination surrounding mental illness. The announcement aligns with the aim of World Mental Health Day, which brings attention to global mental health education, awareness and advocacy against social stigmas associated with mental health.
Abercrombie & Fitch Co. (ANF) today announced two key senior hires to lead its Europe, Middle East, and Africa (EMEA) and Asia-Pacific (APAC) regions. Daniel Le Vesconte and Olga Wu recently joined A&F Co. as Group Vice Presidents, overseeing the company’s EMEA and APAC operations, respectively.