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Markets · Investing · Business
Finance
Why Abercrombie & Fitch Stock Surged 35% Today
The retailer's shares, like its brands, are back in style.
Shares of Abercrombie & Fitch (NYSE: ANF) rocketed higher on Wednesday after the apparel and accessories purveyor boosted its full-year profit forecast.
Image source: Getty Images.
Abercrombie & Fitch's net sales rose 5% year over year to $1.3 billion in its fiscal 2026 second quarter, which ended on Aug. 1. That marked the retailer's 15th straight quarter of growth.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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