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Abercrombie and American Eagle Boost Guidance on Strong Holiday Sales
ANFA&F(ANF) Investopedia·2024-01-08 20:00

Key TakeawaysAbercrombie & Fitch and American Eagle Outfitters raised their earnings guidance on solid holiday sales.Abercrombie & Fitch anticipates the highest-ever fourth-quarter sales for its women's business.American Eagle Outfitters posted a record for holiday sales.Shares of both Abercrombie & Fitch (ANF) and American Eagle Outfitters (AEO) jumped Monday as the two clothing retailers boosted their fourth-quarter earnings outlooks on strong holiday sales.Abercrombie & Fitch now expects fourth-quarter r ...