Abercrombie & Fitch Co (NYSE:ANF)
$ 153.88 -1.46 (-0.94%) Market Cap: 7.82 Bil Enterprise Value: 8.04 Bil PE Ratio: 15.36 PB Ratio: 6.27 GF Score: 80/100

Abercrombie & Fitch Co at Jefferies Consumer Conference Transcript

Jun 18, 2019 / 12:30PM GMT
Release Date Price: $15.75 (-1.81%)
Janine Stichter
Jefferies LLC - Analyst

Good morning, everyone. I am Janine Stichter; I cover specialty apparel and footwear here for Jefferies. We are pleased to have Abercrombie & Fitch for a fireside chat this morning. From the company we have CFO Scott Lipesky.

Abercrombie has been executing an impressive transformation effort with seven consecutive quarters of positive comps on a consolidated basis and (inaudible) the Hollister brand, all on track for substantial margin improvement. We are excited to get Scott's perspective on the Company's transformation initiative and how he sees the evolution progressing in the years to come.

Questions & Answers

Janine Stichter
Jefferies LLC - Analyst

So I will kick it off by asking you, Scott, you joined the company a few years ago after stepping away for a few years. Can you tell us why you left and what was behind your decision to return?

Scott Lipesky
Abercrombie & Fitch Co. - SVP & CFO

Yes, leaving the Company was the hardest decision

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