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Abercrombie: beats consensus in Q4

(CercleFinance.com) - Abercrombie & Fitch ended the year well, as reflected in its Q4 accounts, which were published before Wall Street today, with the stock set to rise when the market opens.

The ready-to-wear group reported EPS of 1.05 dollar, up 34 cents year-on-year. Non-GAAP EPS reached 1.38 dollar, well above the consensus of 1.1 dollar.

Turnover grew by 15% to 1.19 billion dollars, while the consensus was expecting slightly less, at 1.16 billion dollars.

Abercrombie & Fitch expects a slight increase in same-store sales at end-2018.

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