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- In short, Abercrombie & Fitch's full-year expectations for its operating profit are now more than double its original expectations. Therefore, considering the stock has more than doubled since the start of 2023, I believe its gains are justified. The thing to watch from here will be Abercrombie's ability to sustain success.
www.fool.com › investing › 2023/08/23Why Abercrombie & Fitch Stock Soared Today | The Motley Fool
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May 26, 2023 · Abercrombie & Fitch's (ANF 1.80%) stock surged 31% on May 24, following its latest earnings report. For the first quarter of fiscal 2023, which ended on April 29, the apparel retailer's...
Aug 23, 2023 · The boost to investor enthusiasm came after the company reported financial results for its fiscal second quarter of 2023. In Q2 (which ended in July), Abercrombie & Fitch generated net sales...
- Jon Quast
Jan 8, 2024 · Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) jumped 7.3% in the morning session after the company provided a positive business update, raising its projections for net...
- Radek Strnad
Dec 19, 2023 · Omnichannel retailer Abercrombie & Fitch has been one of the top performing retailers in calendar 2023. Shares in the stock are up over 250% YTD, including a 70% run since my last update on...
6 days ago · On the back of these strategic shifts, the retailer’s stock soared 285% in 2023, with an additional 91% surge so far this year. Crucial Quote. “The key factor behind Abercrombie’s success is a...
Abercrombie now expects full-year sales to rise about 10% from $4.3 billion in fiscal 2023, up from its previous outlook of a 4% to 6% gain. It sees operating margin of approximately 14% compared ...
