Contact Information

Oak Avenue, Manhattan Beach, California 90266

Contact Us

NEW ALBANY, Ohio (AP)

Abercrombie & Fitch Co. (ANF) posted $82.4 million in net income for the fiscal fourth quarter on Tuesday.

The New Albany, Ohio-based corporation posted a net income of $1.27 per share. Adjusted for non-recurring expenses, earnings per share were $1.50.

 

The findings were higher than Wall Street’s expectations. Earnings of $1.20 per share were the consensus estimate of eight analysts polled by Zacks Investment Research.

The teen apparel retailer announced $1.12 billion in sales for the quarter, which was in line with Wall Street expectations.

The company lost $114 million, or $1.82 per share, for the year, swinging to a loss for the time. $3.13 billion in sales was registered.

Abercrombie & Fitch stock has risen 36% since the start of the year. In the last year, the stock has more than doubled in value.

READ:  Paige VanZant Loses In Bare Knuckle Boxing Debut Via Wide Decision
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments