Abercrombie (ANF) Stock Rallies on Q1 Earnings & Sales Beat
ANFA&F(ANF) zacks.com·2024-05-30 01:06

Abercrombie & Fitch Co. (ANF) has reported robust first-quarter fiscal 2024 results, with sales and earnings surpassing the Zacks Consensus Estimate and improving year over year. Results have gained from strong growth across regions and brands, mainly led by the Americas region and the Abercrombie brand. The company’s bottom line benefited from significant growth in the operating margin on solid top line growth and gross margin expansion. Abercrombie’s adjusted earnings of $2.14 per share in the fiscal firs ...