Abercrombie & Fitch posts its strongest first quarter ever, as sales jump 22%
A&F(ANF) cnbc.com·2024-05-29 12:15
An Abercrombie & Fitch signage is seen on a store on Fifth Avenue on August 25, 2022 in New York City.Abercrombie & Fitch reported its strongest first quarter in its history on Wednesday, continuing a winning streak that again exceeded expectations.The retailer's sales jumped 22% compared to last year, while profits were nearly seven times higher and came in well ahead of Wall Street's estimates.Shares were up about flat in premarket trading.Here's how the apparel company did in its first fiscal quarter com ...