The consensus estimate pegs Q1’s net loss at 70 cents a share, on sales of $651 million.
Analysts say strategic buyers tend to have difficulty merging specialty retailers.
Abercrombie said there’s “no assurance” any discussions will lead to a definitive agreement.
Abercrombie’s annual shareholders’ meeting will be held June 15.
Abercrombie and Hollister will be available to more than 600 million online shoppers in Asia starting this month.
The senior vice president of design for Abercrombie & Fitch will reveal his first-dual gender collection for the retailer today.
Styles, stores and the target market have changed, but not the brand’s DNA.
The retailer is beta testing a shopability format on Instagram for its Abercrombie and Hollister brands.
Abercrombie comps fell 11%, but rose 1% at Hollister for Q4.
Abercrombie says its customer has grown up and it’s growing up, too.
Horowitz has been instrumental in lifting the performance of Hollister and part of the team working to turn around A&F.