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Abercrombie beats quarterly sales estimates.
companies :: 2025-05-28 :: source - reuters
By Reuters
(Reuters) - Abercrombie & Fitch (ANF.N) beat first-quarter sales estimates on Wednesday, as the apparel maker's move to introduce fresh styles such as printed jeans and dresses helped in drawing more shoppers to its brands.
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The retailer's stock price soared 24% before the bell on Wednesday.
The company posted quarterly net sales of $1.10 billion, compared with analysts' estimate of $1.07 billion, as per data compiled by LSEG.
(Reporting by Anuja Bharat Mistry in Bengaluru; Editing by Shailesh Kuber)
Source: Reuters
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