08:04 AM EDT, 05/29/2024 (MT Newswires) -- Abercrombie & Fitch ( ANF ) reported fiscal Q1 adjusted earnings Wednesday of $2.14 per diluted share, up from $0.39 a year earlier.

Analysts polled by Capital IQ expected $1.72.

Net sales for the quarter ended May 4 were $1.02 billion, up from $836 million a year earlier.

Analysts surveyed by Capital IQ expected $965 million.

For fiscal year 2024, the company now expects net sales growth of 10%, up from the previous outlook of 4% to 6%. Analysts surveyed by Capital IQ are expecting revenue of $4.58 billion.

Price: 152.38, Change: -0.01, Percent Change: -0.01