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Shares of Abercrombie & Fitch (NYSE:ANF) moved higher by 0.1% in pre-market trading after the company reported Q4 results.
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Quarterly Results
Earnings per share increased 14.50% year over year to $1.50, which beat the estimate of $1.22.
Revenue of $1,122,000,000 declined by 5.32% year over year, which beat the estimate of $1,120,000,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
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Details Of The Call
Date: Mar 02, 2021
Time: 08:30 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/f5arn33v
Price Action
52-week high: $28.69
Company's 52-week low was at $7.42
Price action over last quarter: Up 20.89%
Company Overview
Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. It sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids, and Hollister brands. Most stores are in the United States, but the company does have many stores in Canada, Europe, and Asia. All stores are leased. Abercrombie ships to well over 100 countries via its websites. The company sources its merchandise from dozens of vendors that are primarily located in Asia and Central America. Abercrombie has two distribution centers in Ohio to support its North American operations. It uses third-party distributors for sales in Europe and Asia.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.