Guidance
Analysts is looking for her lost (7c 646.96 M income of $). The consensus - 0 c range is (32c) for electrical precipitator, finance and tax 601.96 M - $674.7 M dollars, according to the first call. Company in June and July same - store sales fell by 32%, no matter how big the decline of SSS 28% decline than expected. The company announced plans on June 29 RUEHL shut down its brand shop and related direct-to-consumer action. Closed pre-tax cost, can produce about 65 million dollars, is expected to complete this fiscal year ended. Recession in the process, the company sales falling but also keep price points of the highest in the world youth department. Like America's eagle Outfitters rivals AEO) and Aeropostale ((ARO) get along very well, because they emphasize the lower prices.Analyst Views
RBC Capital analyst Howard Tubin said that while Abercrombie is trying to offer more "current-season" fashion in stores and is lowering some price points, "it will take more of an effort" for the company to improve results. Stifel Nicolaus analyst Richard Jaffe believes the company will comment on weak women's apparel offerings and that the recession will hold back results. He added that management is demonstrating better inventory management, which "bodes well for 2H". Abercrombie shares rose 13% during the quarter.
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