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Abercrombie & Fitch Co. (ANF) reported fourth quarter adjusted income per share of $1.50 compared to $1.31, prior year. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $1.22, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Mar 2, 2021 07:50AM EST

07:50 Tuesday, March 2, 2021 (RTTNews.com) - Abercrombie & Fitch Co. (ANF) reported fourth quarter adjusted income per share of $1.50 compared to $1.31, prior year. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $1.22, for the quarter. Analysts' estimates typically exclude special items.

Fourth quarter GAAP net sales were $1.12 billion, down 5% from previous year, reflecting the adverse impact of COVID-19. Analysts expected revenue of $1.12 billion, for the quarter. Net sales on a constant currency basis was down 7%, for the quarter.

Shares of Abercrombie & Fitch were up 2% in pre-market trade on Tuesday.

Read the original article on RTTNews ( https://www.rttnews.com/3174214/abercrombie-fitch-q4-profit-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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