Tuesday, August 30, 2016

Abercrombie & Fitch Q2 Loss Wider Than Estimates; Stock Down

Abercrombie & Fitch Co. (ANF) reported Tuesday a wider year-over-year net loss for the second-quarter, hurt by a impairment charge. Net sales for the quarter were down 4%, with comparable sales declined 4%. Quarterly loss was wider than their expectations, but revenues beat their' estimates.

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