Abercrombie boosts sales again but investors keep expecting more
By Bloomberg Published Aug 28, 2024 Abercrombie & Fitch Co. beat analysts’ sales expectations for the sixth consecutive quarter, but it wasn’t enough to satisfy investors after a big run-up in the stock price this year. The retailer said comparable sales rose 18% in the second quarter ended Aug. 3, exceeding the 15% growth that [...]read moreAbercrombie boosts sales again but investors keep expecting more