ANF - Abercrombie & Fitch sets financial targets ahead of investor day event

Abercrombie & Fitch Co. (NYSE:ANF) updated guidance ahead of an investor day event that the retailer will host on Tuesday to present its Always Forward Plan. The retailer expects to reach by the end of FY26 annual revenue of $4.1B to $4.3B and a sustainable annual operating margin rate at or above 8%. For the long term, A&F thinks it can reach $5B of annual revenues and a sustainable annual operating margin rate at or above 10%. As part of the growth plan, Abercrombie & Fitch (ANF) identified three brand growth opportunities - the Abercrombie & Fitch and abercrombie kids brands with a target for 6% to 8% sales CAGR over the three years, the Hollister brand with a targeting for flat to 2% sales CAGR over the three years, and The Gilly Hicks brand with a target a 15% sales CAGR over the three years. CEO Fran Horowitz," Over the last several years,

For further details see:

Abercrombie & Fitch sets financial targets ahead of investor day event