Abercrombie & Fitch posts Q1 sales increase of 61 percent

Net sales of 781 million dollars at Abercrombie & Fitch, were up 61 percent as compared to last year and up 6 percent compared to pre-Covid 2019 first quarter net sales. The company’s digital net sales increased 45 percent to 403 million dollars, while gross profit rate improved 900 basis points to 63.4 percent.