Abercrombie & Fitch Co. (ANF) disclosed an increase in earnings for its fourth quarter compared to the previous year. The company's earnings amounted to $158.45 million or $2.97 per share, representing significant growth from $38.33 million or $0.75 per share in last year's fourth quarter.
When excluding certain items, Abercrombie & Fitch Co. reported adjusted earnings for the period amounting to $222.80 million or $2.97 per share. The company's revenue for the quarter also experienced substantial growth, rising by 20.8% to reach $1.45 billion compared to last year's $1.2 billion.
In brief, the fourth quarter earnings for Abercrombie & Fitch Co. according to GAAP are as follows:
- Total earnings rose to $158.45 million from $38.33 million the previous year.
- The company's earnings per share were up at $2.97 from $0.75 last year.
- Revenue for this quarter reached $1.45 billion, an increase from $1.20 billion last year.
