Abercrombie & Fitch Expects FY24 Net Sales Up Around 10% Vs. Previous Outlook Of 4% - 6% Growth
Portfolio Pulse from Benzinga Newsdesk
Abercrombie & Fitch has revised its FY24 net sales growth outlook to approximately 10%, up from the previous forecast of 4% to 6%.
May 29, 2024 | 11:33 am
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Abercrombie & Fitch has increased its FY24 net sales growth forecast to around 10%, significantly higher than the previous 4%-6% range.
The upward revision in sales growth outlook indicates strong business performance and positive market conditions, likely boosting investor confidence and driving the stock price higher in the short term.
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