Abercrombie & Fitch Co. Reports Fourth Quarter and Full Year Results
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Abercrombie & Fitch (ANF) Tops Q4 EPS by 8c, Offers Guidance
March 4, 2020 7:34 AM ESTAbercrombie & Fitch (NYSE: ANF) reported Q4 EPS of $1.31, $0.08 better than the analyst estimate of $1.23. Revenue for the quarter came in at $1.18 billion versus the consensus estimate of $1.17 billion.
Positive comparable sales of 1% against positive 3% comparable sales last year.Fiscal 2020 Full Year Outlook Including Estimated First Half Impact of COVID-19
For fiscal 2020, the company expects:
Net sales to be flat to up 2%, reflecting the estimated adverse impact of COVID-19 in the range of $60 million to $80 million and the adverse impact of changes in foreign currency exchange rates of... More
