Abercrombie & Fitch Co. (NYSE: ANF) has released its first-quarter fiscal 2023 earnings results. The company reported adjusted earnings per share (EPS) of $0.39, surpassing the consensus estimate of a loss of $0.05 per share. This positive performance reflects a strong start to the fiscal year for Abercrombie & Fitch.

Looking ahead to the full-year fiscal 2023, Abercrombie & Fitch now anticipates net sales growth between 2% and 4%, expecting an increase from the previous outlook of 1% to 3%. This upward revision demonstrates the company's confidence in its future sales and overall business trajectory. In 2022, the company generated $3.7 billion in net sales.

In pre-market trading, $ANF is currently priced at $26.72, experiencing a substantial increase of $3.71 (+16.12%).

GigaCloud Technology Inc. (Nasdaq: GCT) achieved its highest-ever profitability in the first quarter of 2023. With a net income of $15.9 million, GigaCloud experienced a remarkable 236.4% surge from $4.7 million during the same period in 2022. 

$GCT is currently trading at $7.77 in pre-market, reflecting an impressive increase of $2.03 (+35.39%)

XPeng Inc. (NYSE: XPEV) released its first-quarter 2013 earnings report, revealing a loss of $0.37 per share. This result is slightly higher than the consensus estimate of a loss of $0.26 per share.

Looking ahead to the second quarter of 2023, XPeng anticipates delivering between 21,000 and 22,000 vehicles. This projection represents a year-over-year decrease of approximately 36.1% to 39.0%. 

In pre-market, $XPEV is trading at at $8.52, reflecting a decrease of $0.59 (-6.48%).

BMO Capital Markets has initiated coverage on Autodesk, Inc. (Nasdaq: ADSK) with a Market Perform rating and set a price target of $224. 

$ADSK is currently trading at $197.00 in pre-market, indicating a slight increase of $0.36 (+0.18%).

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