Abercrombie & Fitch (ANF) rises on lifted full-year guidance

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Abercrombie & Fitch Co. (ANF) Increases Fourth Quarter Sales and Operating Margin Outlook Based on Better-Than-Expected Holiday Sales

January 8, 2024 7:01 AM EST

Abercrombie & Fitch Co. (NYSE: ANF) today provided a business update, increasing its net sales and operating margin outlook for fourth quarter and full year of fiscal 2023.

Fran Horowitz, Chief Executive Officer, said: Consistent with the first three quarters of 2023, our customers responded positively to compelling product assortments and engaging marketing leading us to increase our fourth quarter and full year net sales and operating margin outlook. We expect to deliver fourth quarter net sales growth across regions led by... More