Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5941
    +0.0004 (+0.07%)
     
  • NZD/EUR

    0.5546
    +0.0000 (+0.01%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.65
    -0.16 (-0.19%)
     
  • GOLD

    2,328.90
    -9.50 (-0.41%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • NIKKEI 225

    37,945.00
    -515.08 (-1.34%)
     
  • NZD/JPY

    92.2770
    +0.1620 (+0.18%)
     

Apparel Retailers Have Delivered Strong Top Line Growth

Apparel Retailers Have Delivered Strong Top Line Growth

Abercrombie & Fitch (ANF) delivered YoY (year-over-year) sales growth in both the first and second quarters of fiscal 2018 (with its second quarter ending on August 4). Strength in the sales of its Hollister and Abercrombie & Fitch brands, international operations, and direct-to-customer sales were the company’s primary growth catalysts. American Eagle Outfitters (AEO) beat the revenue estimates for both its first and second fiscal quarters while reporting YoY growth of 8.0% and 14.2%, respectively.