Company Earnings UpdateAbercrombie & Fitch (ANF) 2Q17 Results: Beats on EPS, Revenues and Comps Coresight Research August 25, 2017 Executive Summary Abercrombie & Fitch reported 2Q17 adjusted EPS of $(0.16), compared with $(0.25) in the year-ago quarter and beating the consensus estimate of $(0.33). Revenues were $779 million, down 0.5% year over year but beating the consensus estimate of $759 million. Comps decreased by 1%, ahead of the (2)% consensus estimate and up from (3)% in the first quarter. Hollister comps increased by 5%, while Abercrombie comps declined by 7%. The company’s guidance was for flat comps for the year, with comps flat to slightly up in the second half. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Positivity About Personal Finances Continues; Walmart Leads Mass Merchandisers and Warehouse Clubs: US Consumer Survey InsightsAldi vs. Lidl US Store Openings: Mapping Retail Real Estate Changes with the Store Intelligence PlatformUS Tariffs: Who Wins, Who Loses and What It Means for the EconomyJCPenney Merges with SPARC Group to Form Catalyst Brands—What It Means for US Retail
