Abercrombie & Fitch Co. Reports First Quarter Results

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Go back to Abercrombie & Fitch Co. Reports First Quarter Results

Abercrombie & Fitch (ANF) tops Q1 expectations, raises full-year guidance

May 24, 2023 10:13 AM EDT

Abercrombie & 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 EDT

American 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 EDT

Abercrombie & 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