Abercrombie & Fitch: Q4 comparable sales rise, warns of coronavirus impact on H1 sales

For the fourth quarter, Abercrombie & Fitch Co. net sales of 1.18 billion dollars increased 3 percent on both a reported and constant currency basis as compared to last year, while comparable sales rose 1 percent. Full year net sales of 3.62 billion dollars increased 1 percent on a reported basis and 2 percent on a constant currency basis, while comparable sales rose 1 percent. The company’s GAAP EPS were 1.29 dollars for the fourth quarter and 60 cents for the full year, respectively, while adjusted non-GAAP EPS at constant currency were 1.31 dollars for the fourth quarter and 73 cents for the full year.