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Stock impact report

Abercrombie Rises 5.7% Post Q3 Earnings: Is it an Ideal Time to Buy? [Yahoo! Finance]

Abercrombie & Fitch Company (ANF) 
Last abercrombie & fitch company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: abercrombie.com/shop/us
Company Research Source: Yahoo! Finance
Meanwhile, the broader industry has grown 5.1% and the Retail-Wholesale sector has risen 0.7% in the past week. The increase followed strong third-quarter fiscal 2024 results and raised its fiscal 2024 outlook. Let's review the company's third-quarter results, outlook and other factors to assess if the stock presents a buying opportunity after the rally. Image Source: Zacks Investment Research In the third quarter of 2024, Abercrombie reported revenue and earnings growth, beating expectations. Adjusted earnings per share (EPS) rose 36.6% year over year, while net sales advanced 14%. This marked the sixth straight quarter of double-digit net sales growth. ANF's comparable sales (comps) improved 16%. The top-line beat was driven by broad-based net sales growth across regions, brands and channels, led by strong traffic. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. In the third quarter of fiscal 2024, the company's strong performance was fueled by substa Show less Read more
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