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Abercrombie & Fitch Q1 Results Well Above Estimates - Quick Facts

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Specialty retailer Abercrombie & Fitch Co. (ANF) reported Wednesday a net income of $41.77 million or $0.64 per share for the first quarter, compared to a net loss of $244.15 million or $3.90 per share last year. Adjusted earnings per share were $0.67 for the quarter

Net sales for the quarter surged 61 percent to $781.41 million from last year's $485.36 million. In light of store closures related to COVID-19, the Company has not disclosed comparable sales for Fiscal 2021.

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