(Photo Credit: Zona Retiro) 

Wednesday – Abercrombie & Fitch

Revenue has slid at Abercrombie & Fitch (ANF) in 6 consecutive quarters and management is taking drastic action to get the brand back in gear. In August Abercrombie announced that it will be removing its logo from most clothing starting in Spring 2015.

The emblazoned Abercrombie and Fitch logo has been a key piece of the brand’s identity which it has used to fetch premium pricing. Cheaper generically branded street style clothes from competitors like Swedish retail chain H&M have been taking a bite out of Abercrombie’s marketshare and the company is taking aggressive action to reinvent its image.

Wednesday analysts on Estimize are predicting that Abercrombie will report 50 cents in earnings per share, easily topping the Wall Street consensus of 41 cents. Despite the down trend in sales and a weak revenue figure last quarter the retailer has beaten or matched the Estimize consensus in the past  4 consecutive periods. The Estimize community is also looking for Abercrombie to beat the Wall Street sales figure by about $19 million, or 2.1%.

Wednesday – PVH

Fellow clothing company and the owner of the Tommy Hilfiger and Calvin Klein brands, PVH (PVH), is also set for a Wednesday report. In September PVH stock jumped 10% higher on a strong bottom line beat driven by an exceptional quarter from Tommy Hilfiger. Revenue in the Tommy Hilfiger brand climbed 9% higher compared to the same quarter of 1 year prior.

Although PVH reported a bottom line beat and solid numbers out of Tommy Hilfiger, the company’s total sales came in slightly under estimates.

This quarter the Estimize community is predicting earnings of $2.53 per share, which is 4 cents ahead of the Street’s view of $2.49. If the Estimize consensus is correct that would be a year over year (yoy) gain of 10%, slightly better than the surprising 9% yoy increase reported last quarter.