Abercrombie: Fiscal Q4 Earnings Snapshot
By AP nullNEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Wednesday reported fiscal fourth-quarter earnings of $172.1 million.
On a per-share basis, the New Albany, Ohio-based company said it had profit of $3.68.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.56 per share.
The teen clothing retailer posted revenue of $1.67 billion in the period, which matched Street forecasts.
For the year, the company reported profit of $506.9 million, or $10.46 per share. Revenue was reported as $5.27 billion.
Abercrombie expects full-year earnings to be $10.20 to $11 per share.
Abercrombie shares have declined 21% since the beginning of the year. The stock has climbed nearly 3% in the last 12 months.
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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/ANF