logo
Share SHARE
FONT-SIZE Plus   Neg

Abercrombie & Fitch Q3 Profit Increases - Quick Facts

Abercrombie & Fitch Co. (ANF) reported third-quarter net income of $71.5 million and net income per share of $0.87 for the thirteen weeks ended October 27, 2012, compared to net income of $50.9 million and net income per share of $0.57 for the thirteen weeks ended October 29, 2011.

Net sales for the thirteen weeks ended October 27, 2012 increased 9% to $1.170 billion from $1.076 billion for the thirteen weeks ended October 29, 2011. Total comparable store sales for the quarter decreased 3%.

Analysts polled by Thomson Reuters expected the company to report profit of $0.59 per share on revenue of $1.11 billion for the quarter. Analysts' estimates typically exclude special items.

The company is now projecting full year earnings per share of approximately $2.85 to $3.00. Analysts expect the company to report 2012 profit per share of $2.48.

On November 13, 2012, the Board of Directors declared a quarterly cash dividend of $0.175 per share on the Class A Common Stock of Abercrombie & Fitch Co. payable on December 11, 2012 to shareholders of record at the close of business on November 26, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Netflix Inc. (NFLX), Monday gained over 8 percent in extended trading session after the online-video streaming service reported a fourth-quarter profit that trumped analysts estimates, driven largely by higher-than-expected subscriber additions both domestically and internationally. Netflix... American Airlines (AAL) Wednesday announced that it has launched a new Basic Economy fares. The basic economy fares will go on sale in February in 10 markets, with the fares to be expanded to other additional markets later this year. However, not every American Airlines flight will offer basic economy... Chuck E. Cheese pizza and arcade chain's parent company is planning for an IPO, reported Reuters. The public offering would be probably in the second half of 2017. According to the report, the chain has initiated discussions with banks, however has not yet hired any underwriters. The offering would help the restaurant chain for a valuation of around $1 billion.
comments powered by Disqus
Follow RTT