Abercrombie Is Making Progress on Its Four Strategic Priorities -- Market Talk
Dow Jones2026/08/26 13:210921 ET - Abercrombie & Fitch CEO Fran Horowitz says the company is diligently executing against its goals for the year. The clothing company's four strategic priorities are to grow sales across brands, stabilize gross margins by mitigating external cost pressures, invest in tools and technologies including artificial intelligence to improve speed and efficiency, and maintain strong profitability to return excess cash to shareholders, Horowitz says on a call with analysts. "We've made meaningful progress across all four of these objectives in the first half of 2026," she adds. Abercrombie shares jump 16% premarket after the company lifts its outlook on the back of higher profit and sales. (connor.hart@wsj.com)
(END) Dow Jones Newswires
August 26, 2026 09:21 ET (13:21 GMT)
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