Abercrombie & Fitch Earnings Call Summary
Executives from Abercrombie & Fitch (NYSE: ANF) shared news of its first quarter earnings on Thursday. The company also highlighted stores, ventures to sell through third parties and outlook for the future.
Expect to open 15 new stores internationally.
Expect to close approximately 60 stores due to leases being up.
Third Party Ventures
Looking to sell products through third parties.
Deal to sell through Asos online.
Expect full year EPS to be between $2.15-2.35.
Estimate for full year sales to be down 3-4 percent.
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