NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Tuesday reported fiscal third-quarter earnings of $113 million.
The New Albany, Ohio-based company said it had profit of $2.36 per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.14 per share.
The teen clothing retailer posted revenue of $1.29 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.27 billion.
Abercrombie expects full-year earnings to be $10.20 to $10.50 per share.
Abercrombie shares have fallen 56% since the beginning of the year. The stock has fallen 57% in the last 12 months.
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