Abercrombie & Fitch Co. Reports Second Quarter Results
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Abercrombie & Fitch (ANF) Tops Q2 EPS by 94c
August 23, 2023 7:33 AM EDTAbercrombie & Fitch (NYSE: ANF) reported Q2 EPS of $1.10, $0.94 better than the analyst estimate of $0.16. Revenue for the quarter came in at $935 million versus the consensus estimate of $839.06 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 of around 10% from $3.7 billion in 2022. This is an increase to the previous outlook of up 2% to 4%. The current outlook assumes that Abercrombie brands will continue to outperform Hollister brands. Also, fiscal 2023 includes a 53rd... More