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From Campus To Catwalk: Abercrombie & Fitch Soars With Q1 Earnings Leap And Raised Forecasts Why Lifestyle Retailer Abercrombie & Fitch Shares Are Gaining Today - Abercrombie & Fitch (NYSE:ANF)

Abercrombie & Fitch shares surged after reporting a 22% year-on-year sales increase to $1.02 billion in Q1 FY24, surpassing analyst estimates. Adjusted EPS of $2.14 also beat expectations. The company raised its FY24 net sales growth outlook to 10% and operating margin to 14%. CEO Fran Horowitz attributed the success to strong assortments and marketing.

Abercrombie & Fitch soars as first quarter sales hit a $1bn

Abercrombie & Fitch soars as first quarter sales hit a $1bn
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Abercrombie & Fitch: Better Omnichannel Drives Record Results

Abercrombie & Fitch reported record first-quarter earnings attributed to increased marketing spend and an improved omnichannel experience.

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