Abercrombie & Fitch’s COO, Scott Lipesky, cashed in $1.1M by selling 10K shares under a pre-approved plan — but he still owns over 152K shares worth $18M. The stock rose 15% year-to-date, closing at $118.53. While the company’s global retail empire (including Hollister) remains financially strong with steady profits, comparable store sales dipped 1% last quarter due to product shifts — a minor blip for a powerhouse brand.
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