Abercrombie (ANF) Q4 Earnings Beat Estimates, Sales Rise Y/Y

Abercrombie & Fitch Co. (ANF) has reported robust fourth-quarter fiscal 2023 results, with the top and bottom lines surpassing the Zacks Consensus Estimate and improving year over year. Results have benefited from the exceptional performance at the Abercrombie brand and improvement in the Hollister brand.The company noted that its efforts to improve the positioning of the Hollister brand have been paying off. Also, strategic investments across stores, digital and technology via its Always Forward Plan bode ...