March 4 (Reuters) - Abercrombie & Fitch ( ANF ) forecast

annual profit largely above Wall Street expectations on

Wednesday, betting on strong demand for its Hollister brand of

apparel even as discretionary spending remains pressured,

especially in the United States.

It expects annual net income per share to be between $10.20

and $11, the midpoint of which is above analysts' expectations

of $10.36, according to data compiled by LSEG.