Abercrombie: Fiscal Q4 Earnings Snapshot

NEW ALBANY, Ohio (AP) — NEW ALBANY, Ohio (AP) — Abercrombie & Fitch Co. (ANF) on Wednesday reported fiscal fourth-quarter earnings of $158.4 million.

The New Albany, Ohio-based company said it had net income of $2.97 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.

The teen clothing retailer posted revenue of $1.45 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $1.42 billion.

For the year, the company reported profit of $328.1 million, or $6.22 per share. Revenue was reported as $4.28 billion.

Abercrombie shares have increased 59% since the beginning of the year. The stock has increased fivefold in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANF at https://www.zacks.com/ap/ANF