“Abercrombie & Fitch shares soar more than 15% as retailer blows past earnings estimates, raises guidance”
August 23, 2023
“…Here’s how the retailer did in the fiscal second quarter ended July 29 compared with what Wall Street expected, based on a survey of analysts by Refinitiv:
- Earnings per share: $1.10 vs. 17 cents expected
- Revenue: $935.3 million vs $842.4 million expected
Shares jumped more than 15% in early trading Wednesday.
Net income for the three-month period rose to $56.9 million, or $1.10 per share, from a loss of $16.8 million, or 33 cents a share, in the year-ago period.
Net sales rose from $805.1 million in the year prior…”
https://www.cnbc.com/2023/08/23/abercrombie-fitch-anf-earnings-q2-2023.html