Abercrombie sales growth slows again, but Hollister surges 19%
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4 Articles
Abercrombie & Fitch posts record quarter, raises full-year guidance
Abercrombie & Fitch delivered record second-quarter sales, prompting the retailer to raise its full-year outlook. Hollister drove the performance with a 19% sales increase, marking its strongest quarter to date. The Abercrombie brand, however, slipped 5% after cycling a 26% gain in the prior year. For the quarter ending 2nd August, net sales rose 7% […] The post Abercrombie & Fitch posts record quarter, raises full-year guidance appeared first o…
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