Abercrombie & Fitch Co. Reports First Quarter Results
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Abercrombie & Fitch (ANF) tops Q1 expectations, raises full-year guidance
May 24, 2023 10:13 AM EDTAbercrombie & Fitch (NYSE: ANF) shares surged more than 22% in early Wednesday trading after topping first-quarter earnings and revenue expectations.
The clothing retailer reported EPS of $0.39, $0.38 better than the analyst estimate of $0.01, while revenue for the quarter came in at $836 million versus the consensus... More
American Eagle Outfitters (AEO) Trades Higher in Sympathy with Abercrombie & Fitch (ANF)
May 24, 2023 7:38 AM EDTAmerican Eagle Outfitters (NYSE: AEO) Trades Higher in Sympathy with Abercrombie & Fitch (NYSE: ANF)
ANF +20% Following ResultsAEO +6.6%... More
Abercrombie & Fitch (ANF) Tops Q1 EPS by 38c
May 24, 2023 7:31 AM EDTAbercrombie & Fitch (NYSE: ANF) reported Q1 EPS of $0.39, $0.38 better than the analyst estimate of $0.01. Revenue for the quarter came in at $836 million versus the consensus estimate of $814.92 million.
Fiscal 2023 Full Year Outlook
The following outlook replaces all previous full year guidance. For fiscal 2023, the company now expects:
Net sales growth in the range of 2 to 4% from $3.7 billion in 2022. This is an increase to the previous outlook of up 1 to 3%. The current outlook assumes that Abercrombie will continue to outperform Hollister and the U.S. will... More