To The Moon

Abercrombie & Fitch reported a strong fourth quarter as growth in its name-brand store led the pack. Shares are lower after a huge run-up in recent months.Abercrombie posted fourth-quarter earnings per share of $2.97 on revenue of $1.45 billion. Analysts surveyed by FactSet had expected earnings per share of $2.83 on revenue of $1.43 billion. A year ago the apparel retailer reported earnings per share of 81 cents on revenue of $1.2 billion.Same-store sales for the quarter rose 16%, in line with expectations.For the full year, Abercrombie expects to post net sales growth between 4% to 6% from the $4.3 billion reported in fiscal 2023. That tops the $4.43 billion consensus estimate.Abercrombie stock was down 0.5% in premarket trading Wednesday, while the S&P 500 futures were up 0.5%. Coming into the session, the stock has soared 406% over the last 12 months."Abercrombie brands grew net sales 35%, continuing an impressive multi-quarter growth trend, while Hollister brands grew 9%, deliveri