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Tag Archive: anf

Mar
05

ANF/TGT: Guidance Reality Check

published feb 26 Today, Target (TGT) and Abercrombie & Fitch (ANF) reported earnings that fell into the “could have been worse” category. That was enough to send both stocks rallying in the high-single digits on a percentage basis. While both retailers issued guidance that was in the ballpark of the Street’s expectations, should we believe the guidance? …

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Jan
02

ANF; Will Santa Deliver a Resignation?

original publish date Dec 3 2013 Activist investor Engaged Capital came out with a public plea to Abercrombie & Fitch’s(ANF) board today: Please get rid of CEO Mike Jeffries. The letter issued to the companyu’s board stated facts as obvious as the sky is blue, including a history of bad business decisions and personal public bad behavior, …

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Dec
03

Nordstrom: a Retail BOGO?

original publish date Nov 14 There’s confirmation from Wal-Mart (WMT) and Kohl’s (KSS): all of retail is not winning. As we talked about yesterday on “Power Lunch,” a few good retail reports don’t make a holiday season. Here is the deal. Companies that are surprising to the upside are best in class (L Brands (LTD), …

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Dec
03

When Will ANF CEO Take his Flip-Flops and Go Home?

originally published Nov 6 Abercrombie & Fitch (ANF) CEO Mike Jeffries is making former J.C. Penney (JCP) CEO Ron Johnson look good. The teen retailer dropped another bomb today. Third-quarter comps decreased 14% in the U.S. and 15% internationally. And its Gilly Hicks lingerie concept is “game over” to the tune of $90 million in …

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May
29

ANF: Not Buying Inventory Excuse in Europe

abercrombie

What was all that talk about a sequential improvement in Abercrombie & Fitch’s (ANF) international business last quarter? Turns out that must have been fleeting because Abercrombie reported first-quarter total same-store sales fell 15%. The U.S. was bad, down 14%, but international was downright ugly, falling 16%. I’m just relieved that all my talk about …

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