
Abercrombie & Fitch Shares Surge After Strong Second-Quarter Earnings and Raised Guidance
Abercrombie & Fitch reported second-quarter profits that exceeded analyst expectations, driven by robust sales and a significant tariff refund. The company also raised its full-year earnings forecast and announced a $500 million share buyback program.
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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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