Abercrombie & Fitch raises annual profit forecast on Hollister strength; shares jump

Core Insights - Abercrombie & Fitch has raised its annual profit forecast, indicating confidence in strong demand for its Hollister brand, particularly for dresses and jackets during the holiday season [1] Company Summary - The company is experiencing a surge in demand for in-trend apparel, which is driving the positive outlook for its financial performance [1]