Retail & consumerFashion & brands
Abercrombie & Fitch

Abercrombie & Fitch, Splunk, Sportsman’s Warehouse Holdings - PRE-MARKET

A look at the companies moving the needle ahead of the bell in New York

Abercrombie & Fitch Co was in focus ahead of the bell

A number of stocks were in play before the bell, including retailer Abercrombie & Fitch Co (NYSE:ANF), which shot up over 22% to US$15.35 each.

The retailer reported much-better-than-expected third-quarter earnings and revenue.

Net income for the quarter totaled US$10.1mln, or 15 US cents per share, up from US$7.9mln, or 12 US cents per share, for the same period last year. 

Elsewhere, Shoe Carnival, Inc (NASDAQ:SCVL) added 14% to US$20.63 following a third quarter earnings and sales beat.

The shoe retailer sees full year 2017 sales and EPS (earnings per share) coming in ahead of estimates.

In other news, Splunk Inc (NASDAQ:SPLK) is up 11% to US$69.30 following a third quarter earnings and sales beat.

The firm also raised its full year sales outlook for 2018 and now sees full year 2019 sales coming in ahead of estimates at US$1.55bn.

On the losing front, Sportsman’s Warehouse Holdings Inc (NASDAQ:SPWH) dropped 11% after it unveiled third quarter comparatives, which were down 7%. The firm issued fourth quarter and full year 2017 sales guidance, which were below estimates.

Quick facts: Abercrombie & Fitch

Price: $16.43

Market: NYSE
Market Cap: $1.08 billion

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