Abercrombie & Fitch (ANF) Tops Q2 EPS by 94c

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Abercrombie & Fitch Co. Reports Second Quarter Results

August 23, 2023 7:30 AM EDT

Company net sales growth of +16%, driven by Abercrombie brands +26% and Hollister brands +8%Operating margin of 9.6%, a significant expansion from approximately break even last year Inventory levels down 30% year-over-year with brands leveraging chase capabilitiesCompany increases full year outlook... More