NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Tuesday reported fiscal third-quarter net income of $132 million.
The New Albany, Ohio-based company said it had net income of $2.50 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.32 per share.
The teen clothing retailer posted revenue of $1.21 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $1.18 billion.
Abercrombie shares have risen 75% since the beginning of the year. The stock has more than doubled in the last 12 months.
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