Abercrombie & Fitch beats holiday estimates as sales soar again, helped by higher prices
Publishing timestamp: 2024-03-06 09:57:50
Summary
Abercrombie & Fitch beat holiday-quarter estimates, with sales jumping 21% and profit growing. The retailer issued strong guidance for the year ahead, showing confidence in its growth story. The company's transformation into an inclusive lifestyle brand has been well-received by Wall Street, with its stock surging in recent years.
Sentiment: POSITIVE
Tickers: ANF,
Keywords: breaking news: earnings, business, earnings, business news, breaking news: business, abercrombie & fitch co, retail industry,
Source: https://www.cnbc.com/2024/03/06/abercrombie-fitch-anf-earnings-q4-2023.html