- Investor's Business Daily
Abercrombie Sees Growth Accelerate For Fourth Straight Quarter; Gap Stock Soars
Gap hiked full-year guidance late Thursday after smashing earnings expectations for its fiscal first quarter. Gap stock gained ahead of its earnings report and rocketed in extended trading. Abercrombie & Fitch hiked full-year outlook early Wednesday after an easy earnings beat for its fiscal first quarter.
- Benzinga
Abercrombie & Fitch Reports Its Best Ever Quarter That Officially Cement It As One Of The Biggest Retail Winners
On Wednesday, Abercombie & Fitch Co. (NYSE: ANF) continued to surpass expectations. For the fiscal first quarter, sales jumped 22% YoY with profits multiplying about seven times compared to last year’s comparable quarter. Upon the report, shares rose 25% on Wednesday but tumbled on Thursday. Fiscal First Quarter Highlights For the quarter ended on May 4th, revenue rose 22% YoY to $1.02 billion, surpassing LSEG’s consensus estimate of $963.3 million. Net income skyrocketed to $113.9 million, whic
- Zacks
American Eagle (AEO) Q1 Earnings Beat Estimates, Revenues Miss
American Eagle's (AEO) Q1 results benefit from strength across its American Eagle and Aerie brands, as well as progress on its Powering Profitable Growth strategy.
