
Abercrombie & Fitch Shares Surge on Strong Second-Quarter Earnings and Raised Guidance
Abercrombie & Fitch reported second-quarter sales that exceeded analyst expectations, driven by resilient consumer spending and a $100 million tariff refund. The company subsequently raised its full-year forecast, sending shares up nearly 37 percent.
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Abercrombie Soars on Guidance Lift, Flagship Brand Growth
Abercrombie & Fitch Co. shares rallied after revenue topped estimates and the retailer raised its annual earnings guidance, suggesting the preppy apparel company is regaining some momentum even after another quarter of slow sales growth. Bloomberg's Mary Ross Gilbert joined Bloomberg Intelligence to discuss their earnings. (Source: Bloomberg)
Read full article →Abercrombie & Fitch Stocks Rises as Earnings Show Consumers Still Spending on Clothes - Barron's
Abercrombie & Fitch Stocks Rises as Earnings Show Consumers Still Spending on Clothes Barron's
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