Abercrombie & Fitch (ANF) reported first quarter net income of $0.03 per share Wednesday morning, down sharply from $0.28 per share last year. The consensus estimate was for EPS of $0.02. The company maintained its 2012 EPS forecast of $3.50 to $3.75.
Abercrombie & Fitch gapped open lower Wednesday and fell sharply in early trade, before settling into a range. Shares finished down by 5.90 at $39.50, with volume at over a 3-month high. The stock has been declining for the last 2 weeks and dropped to a new low for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.