Abercrombie & Fitch posts strong results despite tightening market
Inside Retail
AUGUST 23, 2023
The company’s operating expenses were up 6 per cent, driven by increases in incentive compensation, store occupancy and technology costs while operating income reached $90 million compared to an operating loss of $2 million last year. billion in 2022 and operating margin in the range of 8-9 per cent.
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