Abercrombie Fitch''s Q2 Highlights: Earnings Miss, Inflation Hit Hollister Performance, Dismal Outlook More
Abercrombie Fitch Co (NYSE: ANF ) reported a second-quarter FY22 sales decline of 7% year-on-year to $805.09 million, missing the consensus of $843.56 million. Adjusted EPS of $(0.30) missed the consensus of $0.22. U.S. sales declined 4% Y|Y while International sales declined 14%. The gross profit margin compressed 730 basis points to 57.9%. The operating loss for the quarter was $(2.2) million … Full story available on Benzinga.com
Abercrombie Fitch''s Q2 Highlights: Earnings Miss, Inflation Hit Hollister Performance, Dismal Outlook More
Abercrombie Fitch Co (NYSE: ANF ) reported a second-quarter FY22 sales decline of 7% year-on-year to $805.09 million, missing the consensus of $843.56 million. Adjusted EPS of $(0.30) missed the consensus of $0.22. U.S. sales declined 4% Y|Y while International sales declined 14%. The gross profit margin compressed 730 basis points to 57.9%. The operating loss for the quarter was $(2.2) million … Full story available on Benzinga.com