The teen apparel retailer, Abercrombie & Fitch Co. (NYSE: ANF) reported 33% plunge in fiscal second-quarter profit. The retailer’s earnings and revenue also missed Wall Street’s expectation by a wide margin. Speaking to analysts in a conference call, Abercrombie & Fitch’s CEO Mike Jefferies said that weakness in female apparel business and lower customer traffic [...]
Shares of Salesforce.com Inc. (NYSE: CRM) slumped about 8% by afternoon trade. The cloud software maker reported fiscal first quarter results late on Thursday. Even though non-GAAP earnings were in-line with estimate and revenue topped expectation, investors were disappointed due to sequential decline in deferred revenue and earnings guidance for the current quarter. Deferred revenue [...]
Ken Griffin’s Citadel LLC raised its stake in clothing retailer Abercrombie & Fitch Co. (NYSE: ANF), according to a recent regulatory filing. [...]
Shares of specialty apparel retailer, Abercrombie & Fitch Co. (NYSE: ANF) leaped over 30% in premarket trading on Wednesday after the company announced fiscal third-quarter results that topped Street’s estimates thanks to spectacular sales growth in international markets even as it projected full-year earnings guidance above analysts’ consensus estimate. [...]
Facebook (NASDAQ: FB) gained almost 6.5% on Wednesday after its Chief Executive Mark Zuckerberg made first public appearance ever since FB’s botched IPO. [...] |
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