Abercrombie & Fitch reported its sixth consecutive quarter of double-digit sales growth, exceeding Wall Street expectations for both revenue and earnings. Abercrombie & Fitch raised its holiday and full-year sales growth forecasts, surpassing prior expectations. CEO Fran Horowitz highlighted strong regional performance and growth in new categories like the wedding collection and an NFL partnership. Hollister's 14% sales increase accounted for nearly half of revenue, while Abercrombie saw 11% comparable sales growth. Both brands outperformed their strong prior-year results. Shares dipped 3% in premarket trading despite the upbeat outlook.
