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Stock Market & Financial Investment News

News Breaks
February 22, 2013
08:27 EDTANFAbercrombie & Fitch sees Q1 'slight EPS loss', consensus 16c
The company sees a "slight EPS loss" in Q1, compared to a restated loss of (25c) under the cost method in the prior year quarter. Abercrombie sees a high single digit decrease in Q1 comparable sales. Sees strong gross margin rate improvement in Q1, largely offset by expense deleveraging on negative comp. store sales. Comments from slides for Q4 earnings conference call.
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