Abercrombie & Fitch (ANF) projects its Q1 fiscal 2024 revenue to increase by low double digits year-over-year from $836 million, surpassing the $987.05 million estimate. The company anticipates an operating margin between 8% to 10%, up from 4.6% in Q1 2023, and an effective tax rate of about 10%, lower than its statutory rate due to expected discrete federal income tax benefits from share-based compensation vesting.