Abercrombie & Fitch: Q3 profit of $73m

(CercleFinance.com) - The clothing group has announced Q3 figure to 30 October 2021.
Net sales came in at 905 million dollars, up 10% year-on-year and up 5% from net sales in Q3 of the pre-COVID 2019.

Meanwhile, its gross margin was 63.7%, down approximately 30 bp from last year and up approximately 360 bp from 2019.

Net earnings per diluted share were 0.77 dollar and 0.86 dollar on a reported and adjusted non-GAAP basis, respectively, compared to net earnings per diluted share of 0.66 dollar and 0.76 dollar last year.


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