Abercrombie & Fitch Co (NYSE:ANF) reported upbeat second-quarter earnings on Wednesday.
Sales grew 21% Y/Y to $1.134 billion, beating the analyst consensus estimate of $1.101 billion. Comparable sales jumped18% Y/Y. Adjusted EPS of $2.50 beat the analyst consensus estimate of $2.22.
Fran Horowitz, Chief Executive Officer, said, "Although we continue to operate in an increasingly uncertain environment, we remain steadfast in executing our global playbook and maintaining discipline over inventory and expenses."
Abercrombie expects third-quarter net sales to grow in the low double digits year over year. ...
