Abercrombie & Fitch boosts sales growth outlook, but stock set for a pullback

Abercrombie & Fitch boosts sales growth outlook, but stock set for a pullback

Abercrombie & Fitch Co. ANF, +0.59% raised its outlook for fiscal fourth-quarter sales, citing better-than-expected holiday sales. The apparel and accessories retailer now expects sales for the quarter through January to rise in the “high-teens” percentage range from a year ago, compared with previous guidance of “low double-digits” growth. The current FactSet sales consensus of…

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