Abercrombie & Fitch's (ANF) Weak Q1 Persists into Q2, but Recent Management Changes Spark Hope - Stifel
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Cowen Cuts Price Target on Abercrombie & Fitch (ANF) Following 1Q
May 26, 2016 4:42 PM EDTCowen maintained a Market Perform rating on Abercrombie & Fitch (NYSE: ANF), and cut the price target to $20.00 (from $25.00), following the company's 1Q earnings report. ANF's reported a -4% comp driven primarily by significant traffic headwinds both in int'l & flagship/tourist stores.
Analyst... More
Abercrombie & Fitch (ANF) Misses Q1 EPS by 12c
May 26, 2016 7:32 AM EDTAbercrombie & Fitch (NYSE: ANF) reported Q1 EPS of ($0.63), $0.12 worse than the analyst estimate of ($0.51). Revenue for the quarter came in at $685.5 million versus the consensus estimate of $710.26 million.
Comps fell 4 percent.
Fiscal 2016 Outlook
For fiscal 2016, with references to last year being on an adjusted non-GAAP basis, the company now... More
