Recap: Abercrombie & Fitch Q3 Earnings

Shares of Abercrombie & Fitch ANF climbed 8% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share rose 230.43% over the past year to $0.76, which beat the estimate of ($0.04).

Revenue of $819,653,000 declined by 5.07% year over year, which beat the estimate of $739,360,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 24, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/q4inub7t

Recent Stock Performance

Company's 52-week high was at $22.77

Company's 52-week low was at $7.42

Price action over last quarter: Up 83.83%

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.