Abercrombie & Fitch beats top-line and bottom-line estimates; initiates Q4 and raises FY24 outlook

  • Abercrombie & Fitch Co. press release (NYSE:ANF): Q3 Non-GAAP EPS of $2.50 beats by $0.15.
  • Revenue of $1.21B (+14.2% Y/Y) beats by $30M, with comparable sales of 16%.
  • Year-to-date, repurchased 924,000 shares for $130 million, representing 1.8% of shares outstanding at February 3, 2024.

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