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Abercrombie & Fitch Co. (ANF) revealed a profit for its second quarter that rose from last year.


RTTNews | Aug 26, 2021 07:41AM EDT

07:41 Thursday, August 26, 2021 (RTTNews.com) - Abercrombie & Fitch Co. (ANF) revealed a profit for its second quarter that rose from last year.

The company's earnings totaled $108.50 million, or $1.69 per share. This compares with $5.46 million, or $0.09 per share, in last year's second quarter.

Excluding items, Abercrombie & Fitch Co. reported adjusted earnings of $109.06 million or $1.70 per share for the period.

Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.8% to $864.85 million from $698.33 million last year.

Abercrombie & Fitch Co. earnings at a glance:

-Earnings (Q2): $109.06 Mln. vs. $14.71 Mln. last year.-EPS (Q2): $1.70 vs. $0.23 last year.-Analysts Estimate: $0.72-Revenue (Q2): $864.85 Mln vs. $698.33 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3221304/abercrombie-fitch-co-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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