earnings
confidence high
sentiment positive
materiality 0.80
ANF Q3 net sales record $1.2B (+14% YoY); raises FY outlook to 14-15% growth, ~15% margin
ABERCROMBIE & FITCH CO /DE/
2024-Q3 EPS reported
$7.13
revenue$3,363,670,000
- Record Q3 net sales $1.2B, up 14% YoY with comparable sales +16%.
- Operating margin expands 170 bps to 14.8%; operating income $179M (+30%).
- Year-to-date repurchased 924k shares for $130M (1.8% of shares outstanding).
- Full year outlook raised: net sales growth 14-15%, operating margin ~15%.