ANF - From Campus To Catwalk: Abercrombie & Fitch Soars With Q1 Earnings Leap And Raised Forecasts | Benzinga
Abercrombie & Fitch Co (NYSE:ANF) shares are trading higher after the company reported better-than-expected first-quarter FY24 earnings and raised guidance.
The company reported first-quarter FY24 sales growth of 22% year-on-year to $1.02 billion, beating the analyst consensus estimate of $ 963.26 million.
Comparable sales jumped 21%. Adjusted EPS of $2.14 beat the analyst consensus estimate of $1.73.
Americas sales increased 23% Y/Y, EMEA grew 19% and APAC sales climbed 10%. Abercrombie brand sales rose 31%, while Hollister sales ...