Abercrombie & Fitch Co. Reports Second Quarter Fiscal 2024 Results
A&F(ANF) GlobeNewswire News Room·2024-08-28 19:30
Record second quarter net sales of $1.1 billion, up 21% from last year with comparable sales growth of 18%Broad-based net sales growth across regions and brands, with Abercrombie brands growth of 26% and Hollister brands accelerating to growth of 17%Operating margin expands 590 basis points to 15.5%, with record second quarter operating income of $176 millionFurther strengthened balance sheet with redemption of all its outstanding 8.75% senior secured notes and amendment and extension of ABL Facility result ...