trending Market Intelligence /marketintelligence/en/news-insights/trending/8J4S_rSGU8qtCgS2Mh3KjQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Abercrombie & Fitch fiscal Q1 loss widens 79.2% YOY

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Abercrombie & Fitch fiscal Q1 loss widens 79.2% YOY

Abercrombie & Fitch Co. said its normalized net income for the fiscal first quarter ended May 3 was a loss of 23 cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 18 cents per share.

The per-share loss increased 88.5% year over year from 12 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of $17.4 million, compared with a loss of $9.7 million in the year-earlier period.

The normalized profit margin fell to negative 2.1% from negative 1.2% in the year-earlier period.

Total revenue decreased on an annual basis to $822.4 million from $838.8 million, and total operating expenses came to $849.0 million, compared with $854.1 million in the year-earlier period.

Reported net income totaled a loss of $23.8 million, or a loss of 32 cents per share, compared to a loss of $7.0 million, or a loss of 9 cents per share, in the year-earlier period.