Abercrombie & Fitch (ANF) Tops Q3 EPS by 68c, Offers Guidance

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Go back to Abercrombie & Fitch (ANF) Tops Q3 EPS by 68c, Offers Guidance

Abercrombie & Fitch Co. Reports Third Quarter Results

November 21, 2023 7:30 AM EST

Company achieves net sales growth of +20%, with comparable sales growth of +16%Both brands delivered net sales growth with Abercrombie brands +30% and Hollister brands +11% Operating margin of 13.1%, 1,110 basis point expansion from third quarter 2022 fueled by gross profit rate expansion and operating expense leverage Company increases full year outlook for sales and operating margin

NEW ALBANY, Ohio, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the third quarter ended October 28,... More