NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Wednesday reported fiscal first-quarter earnings of $113.9 million.
The New Albany, Ohio-based company said it had net income of $2.14 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.66 per share.
The teen clothing retailer posted revenue of $1.02 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $952.3 million.
Abercrombie shares have climbed 73% since the beginning of the year. The stock has increased fivefold in the last 12 months.
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