Abercrombie & Fitch (NYSE: ANF) reported earnings on Aug. 17. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended July 28 (Q2), Abercrombie & Fitch met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share dropped significantly.

Margins contracted across the board.

Revenue details
 Abercrombie & Fitch recorded revenue of $951.4 million. The 26 analysts polled by S&P Capital IQ expected sales of $953.7 million on the same basis. GAAP reported sales were 3.8% higher than the prior-year quarter's $916.8 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 EPS came in at $0.19. The 31 earnings estimates compiled by S&P Capital IQ anticipated $0.17 per share. GAAP EPS of $0.19 for Q2 were 46% lower than the prior-year quarter's $0.35 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
 For the quarter, gross margin was 62.5%, 110 basis points worse than the prior-year quarter. Operating margin was 2.8%, 240 basis points worse than the prior-year quarter. Net margin was 1.6%, 190 basis points worse than the prior-year quarter.

Looking ahead
 Next quarter's average estimate for revenue is $1.12 billion. On the bottom line, the average EPS estimate is $0.64.

Next year's average estimate for revenue is $4.40 billion. The average EPS estimate is $2.62.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 829 members out of 1,150 rating the stock outperform, and 321 members rating it underperform. Among 312 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 245 give Abercrombie & Fitch a green thumbs-up, and 67 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Abercrombie & Fitch is hold, with an average price target of $48.35.

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