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Abercrombie Surprises Amid Economic Headwinds | Raleigh News
Abercrombie & Fitch is crushing it in a tough economy, with sales up 8% for Abercrombie and 2% for Hollister, boosting their full-year earnings forecast and sending stock soaring nearly 30%. Despite flat overall comparable sales and a dip at Hollister, growth is driven by expanded reach and global regions — Americas, Asia Pacific, and EMEA. Even as inflation bites and consumers tighten belts on essentials, shoppers keep spending at Abercrombie. A $1.75 tariff refund helped inflate earnings, but even without it, results still beat expectations — proving real, sustainable momentum. The real…
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