Abercrombie & Fitch Quietly Built A Retail Empire — And Just Fired Its Biggest Growth Cannon Yet! 

Abercrombie & Fitch Company delivered strong financial performance in the fourth quarter of fiscal year 2024, marking a successful turnaround and growth trajectory driven by robust sales, improved operating efficiencies, and strategic investments. The period ended with notable financial achievements including a 9% increase in net sales year-over-year, translating to $1.58 billion. Excluding the impact of the 53rd week in 2023, the net sales growth was an even more impressive 14%. Operating income rose by 15% to reach $256 million, with operating margins expanding by 90 basis points to 16.2%.