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Abercrombie Fitch ( (ANF) ) has provided an update.
Abercrombie & Fitch Co. has increased its net sales outlook for the fourth quarter and full fiscal year 2024 following better-than-expected holiday sales. The company anticipates a net sales growth of 7-8% for the fourth quarter and around 15% for the full year, while maintaining a strong operating margin. This improvement reflects the company’s effective brand strategies and operational execution, positioning it for sustainable, profitable growth and exceeding its ‘Always Forward Plan 2025’ targets.
More about Abercrombie Fitch
Abercrombie & Fitch Co. is a global retailer known for its casual wear apparel and accessories. The company operates a range of brands and focuses on engaging and retaining customers through compelling product assortments and marketing strategies.
YTD Price Performance: 5.01%
Average Trading Volume: 1,729,007
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $8.11B
Find detailed analytics on ANF stock on TipRanks’ Stock Analysis page.
