Abercrombie & Fitch raises Q4 net sales growth outlook to 7-8%, FY to ~15%

ABERCROMBIE & FITCH CO /DE/

Q4 net sales growth raised to 7-8% from 5-7%; full year raised to ~15% from 14-15%.
Operating margin reaffirmed: Q4 ~16%, full year ~15%.
Record quarter-to-date net sales through fiscal December, exceeding November expectations.
CEO Fran Horowitz cites strong holiday performance and expects sustained profitable growth.
Company sees significant outperformance of Always Forward Plan 2025 targets.

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