Abercrombie & Fitch reported Q3 sales and earnings that beat Wall Street estimates amid signs that its turnaround is gaining traction.
Net sales for the third quarter rose 5% to $859.1 million.
Direct-to-consumer sales, which include online, grew to approximately
24% of total company net sales, compared to approximately 23% last year.
Total same-store sales rose 4%. By brand, same-store sales rose 8% at Hollister and fell 2% at Abercrombie.. . . more