08:15 AM EST, 03/06/2024 (MT Newswires) -- Abercrombie & Fitch ( ANF ) reported fiscal Q4 adjusted earnings Wednesday of $2.97 per diluted share, up from $0.81 a year earlier.

Analysts polled by Capital IQ expected $2.85.

Net sales for the quarter ended Feb. 3 were $1.45 billion, up from $1.2 billion a year earlier.

Analysts polled by Capital IQ expected revenue of $1.43 billion.

For fiscal Q1, the apparel retailer expects net sales to be up in the low double digits from $836 million a year earlier. Analysts surveyed by Capital IQ expect $911.1 million.

For this fiscal year, the company expects net sales to grow 4% to 6% from $4.3 billion in the previous year. Analysts surveyed by Capital IQ expect revenue of $4.44 billion.

Abercrombie & Fitch ( ANF ) shares were down almost 2% in recent Wednesday premarket activity.

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