ANF's Hollister Momentum Continues: Can It Be Sustained?

Hollister sales rose 15% year-over-year, marking the brand's 11th consecutive quarter of gains. Management warned growth should slow over time to mid-single digits, showing strong near-term performance but a moderating long-term outlook that could temper Abercrombie's stock momentum.

Analysis

Hollister sales rose 15% year-over-year, marking the brand's 11th consecutive quarter of gains. Management warned growth should slow over time to mid-single digits, showing strong near-term performance but a moderating long-term outlook that could temper Abercrombie's stock momentum.