India, March 5 -- Specialty retailer Abercrombie & Fitch Co. (ANF) reported on Wednesday that net profit for the fourth quarter increased from last year, driven by improved operating margins and 9 percent revenue growth. However, adjusted earnings per share missed analysts' estimates, while net sales topped it. The company also provided outlook for the first quarter and for the full-year 2025.
In pre-market activity on the NYSE, Abercrombie & Fitch shares are slipping $8.86 or 9.22 percent to trade at $87.25.
For the fourth quarter, Abercrombie & Fitch reported that net income attributable to the company grew to $187.23 million or $3.57 per share from $158.45 million or $2.97 per share in the prior-year quarter.
On average, analysts poll...