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Abercrombie and Fitch Co   (ANF)
    Sector  Retail    Industry Retail Apparel
   Industry Retail Apparel
   Sector  Retail
 

Reduction in income in the wake of Increase in demand at the ANF over the fourth quarter of 2022 earnings season

Abercrombie And Fitch Co reported fourth quarter of 2022 operating income of $87.022 millions


Published Mar 28 2023
Goran Soko / CSIMarket.com Contributer


Inside_Store_pd company announced declining eps on increasing revenue in the most recent fiscal period, where Revenue grew by 3.312 % to $1.20 billions in comparison to $1.16 billions on a year-over-year basis, while income per share dropped by -29.1 % to $0.78 per share, income per share was $1.10 in the comparable three months a year before.

In the previous quarter ANF realized Revenue of $880.08 millions and bottom line of $-0.04 per share.


Net earnings of $40.691 millions in the most recent fiscal period fell by -40.01 % from $67.826 millions in the corresponding period a year before. Abercrombie And Fitch Co shifted it's focus on improving sales in the most recent fiscal period, as a result net margin eased to 3.39%.
Operating earnings, fell -11.32% to $87.022 millions, squeezing Abercrombie And Fitch Co 's operating margin to 7.25%, from 8.45% in the fourth quarter of 2021. Looking further into ANFs' numbers for the financial period 2022, company declared Revenues of $3.70 billions and earnings of $10.39 millions.

Retail Apparel company explained as well, that Eps dropped by -98.81 % to $0.05 per share from $4.20 in the previous financial period , contributesRevenue decreased by -0.4 % from $3.71 billions a year prior.

Abercrombie And Fitch Co is expected to report next financial earnings on June 07, 2023.



Abercrombie And Fitch Co's ROA

Abercrombie And Fitch Co's Executive Officers



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