March 6 (Reuters) - Abercrombie & Fitch Co ( ANF ) on

Wednesday forecast full-year revenue growth above Wall Street

estimates, as the company bets on strong full-price demand for

its apparel brands on the back of a robust holiday shopping

season.

Apparel retailers such as Abercrombie and Lululemon

Athletica ( LULU ) have benefited from their efforts to trim

inventories and introduce fresh styles on their racks during the

holiday shopping season.

This also enabled Abercrombie to tone down discounts for its

brands over the holiday period, which is typically skewed

towards higher markdowns and promotions.

Net sales growth at its Abercrombie brand improved

sequentially to 35% in the holiday quarter, from 30% in the

third-quarter.

However, net sales growth for its Hollister brand was

9%, slower than the 11% reported in the prior quarter.

In January, Abercrombie joined Lululemon, and peer American

Eagle Outfitter in raising its fourth-quarter sales

targets, in a move that pointed towards resilience among

bargain-hunting customers.

The Gilly Hicks parent expects net sales growth between 4%

to 6% for fiscal year 2024, compared with the LSEG estimate of

4% growth to $4.43 billion.

The company's forecast comes in contrast to weak forecasts

from department store retailers such as Nordstrom ( JWN ) and

Macy's, who have cautioned about another year of strain on

discretionary spend amid choppy macro economic conditions.

Abercrombie's revenue rose 21% to $1.45 billion in the

fourth quarter ended Feb. 3, topping analysts' expectations of

19% growth to $1.43 billion.

Excluding items, the Ohio-based company earned $2.97 per

share, ahead of estimates of $2.83 per share.

Shares of the retailer, which nearly quadrupled last year,

are up about 60% so far this year. They were down about 3% in

volatile premarket trade.

(Reporting by Juveria Tabassum; Editing by Shailesh Kuber and

Shinjini Ganguli)