abercrombie & fitch

Abercrombie & Fitch Co. (ANF) is up just over 10% to $65.11 in mid-day trade, after easing from a 52-week high of $65.24 on plans to open stores in China. According to Bloomberg, the company also said it expects to earn $4.75

"We have been unable to obtain a strong consensus in favor of reincorporation at this point," the company said, according to a statement.

The company was set to ask shareholders to sign off on switching the company's incorporation to Ohio from Delaware.

Abercrombie shares are up 0.26%, or $0.15, to $56.96.

Shares of Abercrombie & Fitch (ANF) are higher after Reuters reports the clothing retailer delayed a special shareholders' meeting to vote on a company plan to move its incorporation to Ohio after shareholders indicated their

A full day of earnings today - Dean Foods (DF), Devon Energy (DVN), Owens Corning (OC), and Cablevision Systems (CVC) will report early on Wednesday, February 16th. Also reporting in the AM are Genzyme (GENZ), Deere (DE), Comcast

Abercrombie also said that its Q4 same store sales rose 13%. The company's abercrombie kids line had a 9% increase in comp sales while its Hollister line of stores had comp sales rise 13%.

The company also stated it is forecasting 2011 capex of about $300 million.

Chairman and CEO Mike Jeffries said, "We are very pleased with our fourth quarter results.

Abercrombie & Fitch (NYSE:ANF) reported Q4 EPS of $1.38, topping consensus estimates of $1.32. Sales also came in slightly above estimates and totaled $1.15 billion vs. the Street target of $1.14 billion.

Still, the move is seen as making it harder for investors to follow the retail chains.

Abercrombie & Fitch shares are down 1.89%, or $0.96, to $49.79. American Eagle shares are down 1.23% to $14.49. Aeropostale shares are down 0.96% to $23.76."

"Abercrombie & Fitch (ANF), Aeropostale (ARO) and American Eagle Outfitters (AEO) plan to stop reporting same-store monthly sales, Bloomberg reports. Retail executives say the practice puts too much emphasis on short-term resu

The firm's price target was also hiked from $56.00 to $65.00.

Shares of the company are 0.43% higher in afternoon trading at $58.30.

On October 19, 2010, Abercrombie & Fitch was downgraded two notches to Sell from Hold at Brean Murray.

Abercrombie & Fitch had sales growth of 0.2% during the last fiscal year.

The company has reported $3.3 billion in sales over the past 12 months and is expected to repo

Abercrombie & Fitch Co.'s (NYSE:ANF) rating was given a boost by an analyst at Wall Street Strategies on Thursday, who lifted the retailer from Hold to Buy, reports Street Insider.