Abercrombie & Fitch Co. In Preliminary Discussions For Potential Transaction

NEW ALBANY, Ohio, May 10, 2017 /PRNewswire/ -- Abercrombie & Fitch Co. (NYSE: ANF) today reported that, after receiving expressions of interest, it is in preliminary discussions with several parties regarding a potential transaction with the company.

There can be no assurance these discussions will lead to a definitive agreement or that a transaction will be consummated. 

The company does not intend to make any further comments on the discussions until they are concluded.

About Abercrombie & Fitch Co.

Abercrombie & Fitch Co. (NYSE: ANF) is a leading, global specialty retailer of apparel and accessories for Men, Women and Kids through three renowned brands. The iconic Abercrombie & Fitch brand embodies American casual luxury. With an updated attitude that reflects the character, charisma and confidence of today's 20+ consumer, Abercrombie & Fitch remains true to its 125-year heritage of creating expertly crafted products with an effortless, American style. The Hollister brand epitomizes the liberating and carefree spirit of the endless California summer for the teen market. abercrombie kids creates smart, playful apparel for children ages 3-14, celebrating the wide-eyed wonder of childhood. The brands share a commitment to offering products of enduring quality and exceptional comfort that allow consumers around the world to express their own individuality and style.

The Company operates approximately 900 stores under these brands across North America, Europe, Asia and the Middle East, as well as the e-commerce sites www.abercrombie.com and www.hollisterco.com.

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

Certain statements in this release that are not historical in nature are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.  In particular, the statements related to expectations regarding the potential transaction involving the company are forward-looking. The company cautions that actual results may differ materially from those projected or implied in forward-looking statements due to a variety of important factors, including the ability to execute a definitive agreement for the potential transaction and the ability to successfully consummate the transaction if a definitive agreement is entered into.  The company does not undertake any obligation to update any forward-looking statements as a result of new information, future developments or otherwise.

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SOURCE Abercrombie & Fitch Co.