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Abercrombie swings to loss in Q2 but still tops Street
New Albany, Ohio – Efforts to change its merchandising and branding paid dividends at Abercrombie & Fitch Co., which reported smaller net loss and revenue decline than expected in the second quarter of fiscal 2015.
Abercrombie reported a net loss of $810,000, compared to net income of $12.9 million the same quarter a year earlier.
Revenue fell 9% to $817.8 million, from $890.6 million.
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Chico’s Q2 tops forecast; to sell one of its divisions
Fort Myers, Fla. – Chico’s FAS Inc. on Wednesday released better-than-expected second quarter sales and earnings and also announced it was selling off its Boston Proper specialty women’s apparel business.
Earlier this year, the retailer launched a turnaround plan that includes closing some 120 stores through February 2017, cutting jobs and reducing spending.

