Brand Momentum Drives ANF Q2 Earnings & Sales Beat, Stock Declines
ANFA&F(ANF) ZACKS·2024-08-29 01:05

Abercrombie & Fitch Co. (ANF) has posted strong second-quarter fiscal 2024 results, with sales and earnings surpassing the Zacks Consensus Estimate and showing year-over-year improvement. This marks the sixth consecutive quarter in which Abercrombie has outperformed top and bottom-line estimates.The strong performance was fueled by substantial growth across regions and brands, especially in the Americas and the Abercrombie brand. The company’s earnings were supported by robust revenue growth, and enhanced g ...