Why Abercrombie & Fitch Shares Are Falling

Loading...
Loading...

Abercrombie & Fitch Co. ANF shares are trading lower by 9.8% at $35.71 after the company reported worse-than-expected second-quarter sales.

Abercrombie & Fitch reported quarterly earnings of $1.70 per share which beat the analyst consensus estimate of 72 cents. The company reported quarterly sales of $864.85 million which missed the analyst consensus estimate of $869.32 million.

Abercrombie & Fitch Co is a specialty retailer that sells casual clothing, personal-care products, and accessories for men, women, and children. The company sells direct to consumer through its stores and websites, which include the Abercrombie & Fitch, Abercrombie kids and Hollister brands.

Abercrombie & Fitch has a 52-week high of $47.29 and a 52-week low of $10.96.

Market News and Data brought to you by Benzinga APIs
Posted In: Newswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...