Abercrombie shares soar 18% on Hollister growth, strong earnings beat
4 Articles
4 Articles
Abercrombie & Fitch lifts annual profit forecast on strong holiday demand
Abercrombie & Fitch raised its annual profit forecast on Tuesday, buoyed by strong demand for its Hollister dresses and jackets as shoppers gravitate towards in-trend apparel during the crucial holiday season. The company’s shares jumped nearly 18% after it also projected a robust holiday quarter and reported better-than-expected third-quarter results. Abercrombie’s net sales rose 7% […] The post Abercrombie & Fitch lifts annual profit forecast …
The promotion of the Hollister brand in the third quarter of 2025 returned the leading role to Abercrombie & Fitch (ANF) in the stock market.The company’s action skyrocketed on Tuesday after the publication of results that exceeded expectations and reversed the pressure that was accumulating the company’s main business. See more: Deutsche Bank is filled with optimism and sets its goal for the S&P 500 in 2026The title rose 37.5% to US$90.24. Aber…
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