#Latest news with #fashionRetailerBloomberg28-05-2025BusinessBloombergAbercrombie Surges on Raised Outlook After Tallying Tariff CostAbercrombie & Fitch Co. shares rose sharply in premarket trading Wednesday after the retailer upped its full-year outlook, suggesting the retailer is confident in its ability to navigate the changing tariff landscape. The fashion retailer now sees full year net sales growth of 3% to 6% up from its estimate of 3% to 5% in March. This included approximately $50 million of tariff expenses.
Bloomberg28-05-2025BusinessBloombergAbercrombie Surges on Raised Outlook After Tallying Tariff CostAbercrombie & Fitch Co. shares rose sharply in premarket trading Wednesday after the retailer upped its full-year outlook, suggesting the retailer is confident in its ability to navigate the changing tariff landscape. The fashion retailer now sees full year net sales growth of 3% to 6% up from its estimate of 3% to 5% in March. This included approximately $50 million of tariff expenses.
28-05-2025
