Abercrombie: Fiscal Q1 Earnings Snapshot
By Ap News
Published - May 29, 2024, 07:39 AM ET
Last Updated - May 29, 2024, 07:39 AM EDT
NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Wednesday reported fiscal first-quarter earnings of $113.9 million.
The New Albany, Ohio-based company said it had net income of $2.14 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The teen clothing retailer posted revenue of $1.02 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $952.3 million.
