Abercrombie & Fitch forecasts annual profit above expectations
04/03/2026 12:33
March 4 (Reuters) - Abercrombie & Fitch ANF.N forecast annual profit largely above Wall Street expectations on Wednesday, betting on strong demand for its Hollister brand of apparel even as discretionary spending remains pressured, especially in the United States. It expects annual net income per share to be between $10.20 and $11, the midpoint of which is above analysts' expectations of $10.36, according to data compiled by LSEG. (Reporting by Neil J Kanatt in Bengaluru; Editing by Maju Samuel) ((Neil.JKanatt@thomsonreuters.com))
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