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6 months ago
Abercrombie & Fitch (NYSE:ANF) could unlock significant earnings potential by reshaping its Asia-Pacific operations, analysts at Jefferies said, pointing to the region's growth paired with persistent unprofitability. While APAC sales have climbed from $119 million in 2023 to $157 million in 2026, the region remains a drag on overall profits, with operating income improving, but still negative a...