Seeking Alpha

More on Abercrombie & Fitch's Q2

  • Abercrombie & Fitch (NYSE:ANF) managed to top Q2 earnings estimate by keeping a tight lid on costs.
  • The retailer cut marketing, general and administrative expenses by 6%, while expenses for stores and distribution expense were trimmed by 10%.
  • Comp sales by brand: Abercrombie & Fitch -1%; Abercrombie Kids -6%; Hollister -10%.
  • Guidance for comp sales for the full year is for a decline at a mid-single-digit rate, although a "modest" improvement has been seen at stores since the back-to-school season started.
  • ANF -5.3% premarket
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs