06.03.2024 14:10:27 - dpa-AFX: ROUNDUP: Abercrombie & Fitch Guides FY24 Net Sales Growth Above Estimates
WASHINGTON (dpa-AFX) - While reporting financial results for the fourth
quarter on Wednesday, specialty retailer Abercrombie & Fitch Co. (ANF) initiated
net sales growth guidance for the first quarter and for the full-year 2024.
Looking ahead, the company expects net sales growth in the low double-digits for
the first quarter and 4 to 6 percent for the full-year 2024.
On average, 15 analysts polled by Thomson Reuters expect the company to report
revenues of $2.27 billion for the quarter and revenue growth of 2.4 percent to
$9.60 billion for the year.
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