in

Abercrombie & Fitch Lifts Holiday Quarter Sales Forecast

Abercrombie & Fitch Lifts Holiday Quarter Sales Forecast

Abercrombie & Fitch Co raised its holiday quarter sales forecast on Monday on strong demand for its brands during the peak holiday selling period, sending shares about 3 percent higher before the bell.

The Ohio-based apparel retailer said it now expects net sales to rise between 1 percent and 2 percent in the fourth quarter, compared with its prior forecast for a 2 percent to 4 percent fall.

The company has been revamping its inventories to get…


Posted by Editor

Brazil's former President Bolsonaro is 'admitted to Florida hospital with abdominal pains'  

J.P. Morgan's 2023 health conference brings investors, innovators together

J.P. Morgan’s 2023 health conference brings investors, innovators together