trending Market Intelligence /marketintelligence/en/news-insights/trending/Jnl_SdPJU_ZzpJPNx4-IAg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Abercrombie & Fitch fiscal Q4 profit climbs YOY

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Blog

CUSIP Request Volume Surges in December, Pushing Full-Year 2020 Volumes Past 2019 Totals


Abercrombie & Fitch fiscal Q4 profit climbs YOY

Abercrombie & Fitch Co. said its normalized net income for the fiscal fourth quarter ended Jan. 30 came to $1.10 per share, compared with the S&P Capital IQ consensus estimate of 99 cents per share.

EPS climbed 6.1% year over year from $1.04.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $75.0 million, a gain from $72.7 million in the prior-year period.

The normalized profit margin fell to 6.4% from 6.5% in the year-earlier period.

Total revenue totaled $1.11 billion, compared with $1.12 billion in the year-earlier period, and total operating expenses came to $986.5 million, compared with $995.7 million in the year-earlier period.

Reported net income grew 29.7% on an annual basis to $57.6 million, or 84 cents per share, from $44.4 million, or 63 cents per share.

For the year, the company's normalized net income totaled 80 cents per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $1.03.

EPS declined 37.3% from $1.28 in the prior year.

Normalized net income was $55.5 million, a decrease of 40.3% from $93.0 million in the prior year.

Full-year total revenue fell 6.0% year over year to $3.52 billion from $3.74 billion, and total operating expenses decreased year over year to $3.41 billion from $3.58 billion.

The company said reported net income declined 31.6% on an annual basis to $35.4 million, or 51 cents per share, in the full year, from $51.8 million, or 71 cents per share.