|Bid||11.60 x 3000|
|Ask||11.99 x 2200|
|Day's Range||11.47 - 12.51|
|52 Week Range||7.42 - 19.18|
|Beta (5Y Monthly)||1.35|
|PE Ratio (TTM)||19.33|
|Earnings Date||Aug. 27, 2020 - Aug. 31, 2020|
|Forward Dividend & Yield||0.80 (6.90%)|
|Ex-Dividend Date||Mar. 05, 2020|
|1y Target Est||12.36|
Investors were not pleased with the retailer's earnings, which were expected to be bad...but not this bad.
Abercrombie's (ANF) Q1 results are affected by COVID-19. Expectations of continuing impact made management refrain from providing any fiscal guidance.
Abercrombie (ANF) delivered earnings and revenue surprises of -151.15% and -2.56%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
The temporary closures of its recently remodeled stores have slowed Abercrombie's efforts to revive its struggling flagship clothing brand, hurt by past fashion missteps. Abercrombie said it was not providing a detailed forecast for the second quarter or the full year, but added that sales at its reopened stores in the United States and EMEA regions were at about 80% and 60%, respectively, of what they were a year-ago. The only bright spot in the quarter was Abercrombie's digital sales that rose 25% as online shoppers bought more loungewear, knits and joggers as well as Gilly Hicks' new activewear while they stayed at home.
ANF earnings call for the period ending May 2, 2020.
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's (ANF) Q1 performance is likely to be hurt by store closures stemming from the COVID-19 crisis as well as softness in Hollister brand and international markets.
This week is a shortened trading week with major markets closed Monday in observance of the Memorial Day holiday. Investor focus will remain on the coronavirus and its impact on the U.S. economy as most states across the country continued their phased reopening plans.
Abercrombie (ANF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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.”
E-commerce continues to dominate retail
Shares of lifestyle retailer Abercrombie & Fitch (NYSE: ANF) traded lower today despite positive outlooks provided by research notes from a pair of major investment firms. Both Wedbush Securities and investment bank B. Riley FBR expressed optimism today about the apparel seller, which, like much of the sector, saw sales and share value plunge in March and April as COVID-19 spread through major U.S. cities. From B. Riley, analyst Susan Anderson gave Abercrombie & Fitch a $13 per share price target, expecting it to "outperform" under current conditions, with sector sales recovering and company cost-cutting and online efficiency winning over investors.
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.
Abercrombie too has started reopening stores, but did not provide the number of outlets or their specific locations. Macy's Inc <M.N> and Coach owner Tapestry Inc <TPR.N> have also begun reopening stores in the United States.
J.Crew has filed for chapter 11 bankruptcy amid the coronavirus outbreak. Yahoo Finance’s Emily McCormick joins Seana Smith to discuss what this means for the retail sector.
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.
Nordstrom (JWN) is extending store closures for at least a week due to the coronavirus outbreak. The company is also making efforts to strengthen financial position.
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.