Abercrombie & Fitch posts 3Q loss as sales slump

SBJ Staff

Posted online November 21, 2013 | 6:54 am

As the tastes of young shoppers change, Abercrombie & Fitch Co. is seeing its profits drop.

A&F reported a net loss of $15.6 million, or 20 cents per share, for the third quarter ended Nov. 2, compared with net income of $84.0 million, or $1.02 per share, a year earlier, according to Fox News.

Comparable store sales declined for the seventh straight quarter.

Read more from Fox News.

Comments

No comments on this story |

Please log in to add your comment

Republic School District opens activities center

Editors' Pick

Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read