NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Tuesday reported fiscal third-quarter net income of $96.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the New Albany, Ohio-based company said it had net income of $1.83.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The teen clothing retailer posted revenue of $1.06 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $977.5 million.
Abercrombie shares have more than tripled since the beginning of the year. The stock has nearly quadrupled in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANF at https://www.zacks.com/ap/ANF