Abercrombie Sales Rise Less Than Forecast

Abercrombie & Fitch said comparable-store sales in March rose 5%. Analysts expected an increase of 6.6%.
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NEW ALBANY, Ohio (

TheStreet

) --

Abercrombie & Fitch

(ANF) - Get Report

said comparable-store sales in March rose 5%, while total net sales of $275.4 million were an increase of 19% from a year earlier.

Analysts surveyed by Thomson Reuters forecast same-store sales to rise 6.6% in March.

Abercrombie & Fitch said Thursday that total company direct-to-consumer net merchandise sales increased 45% to $27.9 million. Total international net sales, including direct-to-consumer net sales, increased 112% to $45.8 million.

-- Reported by Joseph Woelfel in New York.

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