Abercrombie is Making Progress on Its Four Strategic Priorities
Dow Jones08-26 21:21
0921 ET - Abercrombie & Fitch CEO Fran Horowitz says the company is diligently executing against its goals for the year. The clothing company's four strategic priorities are to grow sales across brands, stabilize gross margins by mitigating external cost pressures, invest in tools and technologies including artificial intelligence to improve speed and efficiency, and maintain strong profitability to return excess cash to shareholders, Horowitz says on a call with analysts. "We've made meaningful progress across all four of these objectives in the first half of 2026," she adds. Abercrombie shares jump 16% premarket after the company lifts its outlook on the back of higher profit and sales.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments