The New Albany, Ohio-based company reported third-quarter net sales of $863.5 million and adjusted earnings of 23 cents a share. Analysts were expecting the company to report revenue of $868 million and earnings of 24 cents, according to FactSet.
Meanwhile, comparable-store sales were flat in the period, falling short of Wall Street's expectations that called for a 0.3% increase. The company said that both its Hollister and Abercrombie brands had U.S. comp-sales increases of 3%, but those sales gains were offset by comps of negative 8% overseas.
"Continued U.S. momentum was offset by challenges across several of our key international markets as well as a complicated global operating environment, which weighed on overall results," CEO Fran Horowitz said in a press statement.
For the year, the company expects comps to range between flat to up 1% vs. the 3% increase it reported last year.
Despite the tough quarter, Abercrombie & Fitch said that it was still on track to meet its goal on opening 85 "new store experiences" for the year after delivering 34 in the just-concluded quarter.
"While we are focused on the upcoming holiday season, we also continue to make progress against our long-term transformation initiatives," Horowitz said. "These transformation initiatives, along with accelerating top line growth, are essential to achieving our 2020 profitability target."
Shares of Abercrombie & Fitch fell 1.04% in premarket trading Tuesday to $16.16.
The company said its quarterly cash dividend of 20 cents a share is payable on Dec. 16, to shareholders of record on Dec. 6.