Abercrombie & Fitch Q2 2024 Adj. EPS $2.50 Beats $2.22 Estimate, Sales $1.134B Beat $1.101B Estimate
Portfolio Pulse from Benzinga Newsdesk
Abercrombie & Fitch reported Q2 2024 earnings per share of $2.50, surpassing the analyst estimate of $2.22. Sales reached $1.130 billion, exceeding the expected $1.101 billion and marking a 20.81% increase from the previous year.
August 28, 2024 | 11:30 am
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Abercrombie & Fitch's Q2 2024 earnings and sales exceeded expectations, with EPS at $2.50 and sales at $1.130 billion, indicating strong financial performance and growth.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year sales growth further supports a positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100