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Stock Market & Financial Investment News

News Breaks
February 26, 2014
07:36 EDTANFAbercrombie & Fitch sees FY14 EPS $2.15-$2.35, consensus $2.32
Sees high-single digit decline in comparable store sales and an approximate 20% increase in comparable direct-to-consumer sales, which does not include any benefit the company may realize during the year from its strategic long-range plan initiatives, but also does not reflect further potential deterioration in underlying trends. Guidance assumes gross margin rate for the full year that is flat to down slightly compared to FY13, with continuing average unit retail pressure and lower shipping and handling revenues relative to sales offsetting average unit cost improvement and a benefit from the company's profit improvement initiative.
News For ANF From The Last 14 Days
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November 25, 2014
10:10 EDTANFJanney to hold a field trip
Janney Montgomery Holiday Mall Tour is being held at Tysons Corner, Virginia on November 25.
07:12 EDTANFAbercrombie & Fitch volatility elevated into Q3 and outlook
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November 21, 2014
08:48 EDTANFAbercrombie & Fitch enters into franchise agreement with Grupo AXO in Mexico
Abercrombie & Fitch announced that it has entered into a franchise agreement with Grupo AXO to establish a retail store presence in Mexico. The franchise arrangement will encompass both the Abercrombie & Fitch and Hollister brands. The first Hollister store is set to open in late spring 2015 and the first Abercrombie & Fitch store is expected to open in late summer 2015. The company anticipates a continuing rollout that will include stores in cities like Mexico City, Guadalajara, Cancun and Playa Del Carmen.
November 18, 2014
11:40 EDTANFUrban Outfitters sinks to 52-week low after Q3 profit misses consensus
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November 14, 2014
10:00 EDTANFOn The Fly: Analyst Downgrade Summary
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05:35 EDTANFAbercrombie & Fitch downgraded to Neutral from Outperform at Credit Suisse
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November 11, 2014
07:49 EDTANFBofA/Merrill retail and consumer analysts hold analyst/industry conference call
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