Abercrombie & Fitch deepens retail gloom with tepid forecast, shares drop

Abercrombie & Fitch joined other U.S. retailers in forecasting weak annual sales growth and warned of softer demand heading into spring for its namesake brand, sending its shares down 14% on Wednesday.

Mar 6, 2025 - 01:09
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Abercrombie & Fitch deepens retail gloom with tepid forecast, shares drop
Abercrombie & Fitch joined other U.S. retailers in forecasting weak annual sales growth and warned of softer demand heading into spring for its namesake brand, sending its shares down 14% on Wednesday.