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Abercrombie&Fitch Raises Annual Revenue Expectations

2014/1/11 20:00:00 37

Abercrombie&FitchRevenue ExpectationsUS Brand

The sales decline of P > Abercrombie & Fitch Co. (NYSE:ANF) during the Christmas holiday season is smaller than the expected low double-digit declines. The group therefore raised the global income expectation.

The news exceeded investor expectations, stimulating Abercrombie & Fitch Co. (NYSE:ANF) to rise more than 16% after January 9th.

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< p style= "text-align: center" > < img border= "0" alt= "" align= "center" src= "http://admin.sjfzxm.com/uploadimages/201401/11/20140111075921_sj.JPG" http://admin.sjfzxm.com/uploadimages/201401/11/20140111075921_sj.JPG "" "/" > ">"


< p > > a href= "//www.sjfzxm.com/news/index_c.asp" _xhe_href= "//www.sjfzxm.com/news/index_c.asp" > Abercrombie & Fitch < /a > Co. (NYSE:ANF) in the first nine weeks as of January 4, 2014, the same store sales slipped 6% compared with the first nine weeks as of January 5, 2013, of which the same store sales and international same store sales decreased by 4% and 10% compared with the same period in 2012, and directly contributed to the 25% increase in the sales of consumers (i.e. e-commerce), which contributed 25% sales to the group.

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< p > due to the fact that actual sales are better than expected and cost reduction efforts, the group will re adjust the range of < a href= "//www.sjfzxm.com/news/index_c.asp" _xhe_href= "//www.sjfzxm.com/news/index_c.asp" > earnings forecast < /a > to 1.55-1.65 dollars after adjusting for the whole year. When the group announced its three quarter earnings, the annual earnings forecast fell sharply from earnings per share to US $1.96, which is less than analysts' forecast of US $1.96.

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"P." Mike Jeffries, CEO of shareholder pressure and Abercrombie & Fitch Co. (NYSE:ANF), successfully extended the contract, said in its performance report: "in a challenging and promotional retail environment, we are delighted by the expected performance so far this season."

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< p > Abercrombie & Fitch Co. (NYSE:ANF) in the three quarter ended November 2, 2013, net sales decreased by 11.7% to US $1 billion 33 million compared with the same period last year, and the net loss was 15 million 644 thousand US dollars, and the loss per diluted share was US $0.20.

In the three quarter, the same store sales recorded a larger decline than the two quarter (10%) (14%), shrinking for the seventh consecutive quarter.

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< p > Group announced the restructuring of its "a href=" //www.sjfzxm.com/news/index_c.asp "_xhe_href=" //www.sjfzxm.com/news/index_c.asp "underwear brand" /a "Gilly Hicks, and plans to close all 28 Gilly Hicks independent stores next year four years ago.

The Group expects the restructuring plan to generate 90 million to 100 million dollars in expenditure and create a pre tax loss of $30 million in the current fiscal year.

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< p > Abercrombie & Fitch Co. (NYSE:ANF) will announce the four quarter earnings before opening February 26th.

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< p > related links: < /p >


< p > A&F, headquartered in new Albany, Ohio, covers an area of 460 acres, with luxuriant vegetation and surrounded by wetlands. It is the breeding home of many wild animals. This reflects the determination of all A&F colleagues to contribute to the protection of the ecological environment.

A&F headquarters, based on its advanced equipment, cutting-edge technology and high-quality materials, provides excellent creative environment for talented designers, so that it can keep up with the trend and work together with small and efficient purchasing departments to eventually bring us quality products.

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< p > A&F upholds the style of the Academy. It admired the comfort, nature and wildness. It is a bit decadent and unruly. It mainly takes the leisure route. The tailoring of A&F is relatively narrow, the design of the collars is low, the waist is more comfortable, the leisure is comfortable, and the chest and waist lines are very sexy.

A&F's products are excellent in quality and outstanding in design. They belong to the aristocracy in the United States, so the price is also very expensive.

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The clothes of < p > A&F always make interesting creative designs in simple style, and express the connotation of clothes with music and sports.

A&F's design is simple, revealing a cool taste. It seems that a magical power is endowed to its soul.

A&F's clothes are easy to match with any dress, whether shirts or coats will make people fall in love with it at first sight, especially A&F's trousers. Super fine version and line cutting can make your figure more beautiful, and the flavor of the western United States.

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