Abercrombie & Fitch Co. (NYSE:ANF) Q3 2022 Earnings Call Transcript

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So again, hopefully, some good things coming there in 2023. But then some of that offset of the good pickup in freight year-over-year, we’ll be seeing that cotton flow through in those higher rates. So we’re kind of working through the inflation and the input costs. Freight hopefully have seen the peak, and we’re on the good side of it. Cotton still, we’ve got to get through the peak there. And then hopefully, in the back half of 2023, we’ll see some benefits coming in.

Mauricio Serna: Got it. Thanks so much.

Operator: Thank you. And as there are no further questions in the queue, I’d like to hand the call back over to Fran Horowitz for any additional or closing remarks. Over to you.

Fran Horowitz: Just want to thank everyone for joining the call today and wishing you and your families a safe and happy holiday season.

Operator: Thank you. This concludes today’s conference call. Thank you for your participation. You may now disconnect.

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