Source: Abercrombie & Fitch
Abercrombie & Fitch (ANF) reported quarterly revenue of $863.47 million, non-GAAP EPS of $0.23, and GAAP EPS of $0.10. The company missed on revenue and earnings. The stock is up about 5% post-earnings. I had the following takeaways on the quarter.
Hollister Continues To Crack
Abercrombie & Fitch was an interesting story last year due to the out-sized growth of its Hollister brand. Hollister helped differentiate the company from other retailers of its size like Urban Outfitters (URBN). There was a fashion component to Hollister, and ultimately,