Abercrombie & Fitch raises profit guidance as it delivers strong sales
The American fashion retailer reported a 3% rise in net sales on a reported basis to $836m (£676m) in the first quarter to April 29.
Its Abercrombie brand net sales grew 14% year on year to $436m (£353m) while its Hollister brand shrunk 7% to $399m (£323m).
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