Abercrombie & Fitch Co. - Ordinary Shares - Class A

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Other Pre-Announcement

Abercrombie & Fitch Exec Sees Q4 Net Sales To Be Up 3% To 5% From 2019 Level

Published: 11/23/2021 14:40 GMT
Abercrombie & Fitch Co. - Ordinary Shares - Class A (ANF) - Abercrombie & Fitch Co Exec - in Q4, With Supply Chain Delays, Co Sees to Deliver Newness Leading Up to Holiday Peak - Conf Call.
Abercrombie & Fitch Exec - Co is Using Air Freight; Co is Encouraged by Recent Improvements Moving Product Through the U.S. Ports.
Abercrombie & Fitch Exec - Lower-than-planned Inventory Was Due to Extended Vietnam Closures and Increasing Transit Times.
Abercrombie & Fitch Exec - in Q4, Co Expects to Repurchase at Least $100 Million Worth of Shares, Pending Market Conditions and Share Price.
Abercrombie & Fitch Exec Sees Q4 Net Sales to Be Up 3% to 5% From 2019 Level.
Abercrombie & Fitch Exec Sees Q4 Gross Profit Rate to Be Around Flat to 2019 Level.
Abercrombie Exec - Q4 Gross Profit Rate Includes Expected Negative Impact of About $75 Million Due to Some Supply Chain Problems.
Abercrombie Exec - Have Not Raised Prices This Year Nor Does Co Plan to for Q4.
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