Abercrombie & Fitch Company (NYSE:ANF) released its earnings results on Friday. The apparel retailer reported $0.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.06, Briefing.com reports. Abercrombie & Fitch had a positive return on equity of 0.80% and a negative net margin of 0.55%. The firm had revenue of $859.10 million during the quarter, compared to analysts’ expectations of $818.41 million. During the same quarter last year, the business posted $0.02 earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis.
Shares of Abercrombie & Fitch (NYSE:ANF) traded up $3.00 during midday trading on Friday, reaching $15.55. The company’s stock had a trading volume of 18,413,120 shares, compared to its average volume of 3,234,831. The company has a current ratio of 2.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.27. The company has a market cap of $1,058.75, a price-to-earnings ratio of 119.61, a PEG ratio of 296.19 and a beta of 0.76. Abercrombie & Fitch has a 1-year low of $8.81 and a 1-year high of $16.36.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 11th. Shareholders of record on Friday, December 1st will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.14%. The ex-dividend date is Thursday, November 30th. Abercrombie & Fitch’s dividend payout ratio (DPR) is presently -285.70%.
About Abercrombie & Fitch
Abercrombie & Fitch Co is a specialty retailer who primarily sells its products through store and direct-to-consumer operations, as well as through various wholesale, franchise and licensing arrangements. The Company operates through two segments: Abercrombie, which includes the Company’s Abercrombie & Fitch and abercrombie kids brands, and Hollister, which includes the Company’s Hollister and Gilly Hicks brands.
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