iHub News
3月前
Abercrombie & Fitch tops Q4 forecasts, shares gain in premarket tradingMarch 4, 2026 10:11 AM
IH Market News
Shares of Abercrombie & Fitch Co. (NYSE:ANF) moved higher in premarket trading on Wednesday after the apparel retailer reported fourth-quarter results that came in ahead of Wall Street expectations.The company reported adjusted earnings per share of $3.68, surpassing the analyst consensus estimate of $3.58 by $0.10. Revenue reached $1.7 billion, slightly above the $1.67 billion forecast and representing a 5% increase compared with the same period a year earlier.For the full fiscal year 2025, Abercrombie & Fitch generated revenue of $5.3 billion, reflecting a 6% year-over-year increase. However, net sales for the Abercrombie brand declined 1% during the year, while the Hollister brand delivered record performance with 15% growth. The company reported a full-year operating margin of 13.3% and diluted earnings per share of $10.46.Shares rose 4.8% following the earnings release.Looking ahead to fiscal 2026, Abercrombie forecast earnings per share between $10.20 and $11.00, with a midpoint of $10.60—above the analyst consensus estimate of $10.40. The company expects full-year net sales to grow between 3% and 5%, with an operating margin projected in the range of 12.0% to 12.5%. First-quarter EPS is expected to fall between $1.20 and $1.30.“Our record fourth quarter net sales marked our thirteenth consecutive quarter of growth, with both operating margin and earnings per share at the high end of expectations we shared in early January,” said Chief Executive Officer Fran Horowitz.The company’s fiscal 2026 outlook includes the estimated impact of a 15% tariff on all goods imported into the United States, which took effect on February 24, 2026. After accounting for planned mitigation measures, the tariff is expected to reduce margins by about 290 basis points in the first quarter and roughly 70 basis points for the full year.Abercrombie generated $619 million in operating cash flow during fiscal 2025 and repurchased 5.4 million shares for $450 million, representing approximately 11% of its outstanding shares. The company plans to allocate around $450 million to additional share buybacks during fiscal 2026.Abercrombie and Fitch stock price
Original: Abercrombie & Fitch tops Q4 forecasts, shares gain in premarket trading
whytestocks
7年前
News: $ANF Abercrombie & Fitch Co. to Report Second Quarter 2019 Results on August 29, 2019
NEW ALBANY, Ohio, Aug. 02, 2019 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) will be holding its quarterly earnings conference call for all interested parties on Thursday, August 29, 2019, at 8:30 a.m. ET. A press release detailing the company’s second quarter re...
Read the whole news Abercrombie & Fitch Co. to Report Second Quarter 2019 Results on August 29, 2019
TFMG
7年前
12% stock buyback was very well timed for longs in Abercrombie&F
Shares of Abercrombie & Fitch Co . ANF , rallied 2.3% in premarket trading Friday, after the apparel retailer announced a new stock repurchase program representing more than 10% of the shares outstanding. The company said it can now buy back up to 7.6 million shares, which at Thursday's closing price of $15.35 would be valued at $116.7 million. Based on about 65.7 million shares outstanding as of June 7, the company could buy back up to 11.6% of the total. "This new share repurchase program reflects our ongoing confidence in our long-term strategy," said Chief Executive Fran Horowitz.
whytestocks
7年前
News: $ANF Abercrombie & Fitch Co. Appoints Two Members to Its Board of Directors
NEW ALBANY, Ohio, Jan. 23, 2019 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced the election of two new independent board members. Helen McCluskey, former President and Chief Executive Officer of Warnaco Group, Inc. and Nigel Travis, Chairman of Dunkin’ Br...
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