Clothing & Shoes
Abercrombie & Fitch raises guidance as Hollister brand boosts sales
The group also reported an operating margin of 9.6%, a ‘significant expansion’ from approximately break even last year
Abercrombie and Fitch has increased its full-year outlook ranges on sales and operating margin after its Hollister brand helped boost company net sales 16% to $935m (£737m) during the three months ended 29 July 2023.
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