BMO Capital Cut Price Target on Abercrombie & Fitch (ANF) to $19 Following 2Q
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ABERCROMBIE & FITCH REPORTS SECOND QUARTER RESULTS
August 30, 2016 7:31 AM EDTNew Albany, Ohio, August 30, 2016: Abercrombie & Fitch Co. (NYSE: ANF) today reported a GAAP net loss per diluted share of $0.19 for the second quarter ended July 30, 2016, compared to a GAAP net loss per diluted share of $0.01 for the second quarter last year. Excluding certain items, the company reported an adjusted non-GAAP net loss per diluted share of $0.25 for the second quarter, compared to adjusted non-GAAP net income per diluted share of $0.12 last year. The results for the quarter reflect an adverse impact related to year-over-year changes in foreign... More
