ANF
Abercrombie & Fitch Co
@david
• 1 year agoPremium Flanker
Is The Business Growing?
Is The Business Growing?Holy cow the business is growing.
Net Operating Cash Flow is up 28,000% from last year to this year. Net income has also soared. The effects from 2023 to 2024 has been absolutely astounding.
This has been credited as a turn around, thanks to new CEO Fran Horowitz. Under her leadership:
Abercrombie refined its target audience, previously teenagers, to focus mostly on 20-somethings,and tailored products and marketing campaigns to those shoppers.
It also invested in e-commerce, trimmed overhead expenses, and redesigned its stores to fit a new, more inclusive aesthetic.
I wonder how much longer it can have this incredible growth. With a market cap of only $8.57B, there's room for this business to keep zooming