Abercrombie & Fitch forecasts cautious 3% to 5% sales growth in 2025

Core Viewpoint - Abercrombie & Fitch Co. anticipates a sales increase of 3% to 5% for 2025, which is below the analyst expectation of 5.5% growth [1] - The company projects earnings per share for 2025 to be between $10.40 and $11.40, while analysts expect earnings of $11.28 per share [1] Summary by Category - Sales Expectations - The retailer expects a sales growth of 3% to 5% for 2025, falling short of the 5.5% growth anticipated by analysts [1] - Earnings Projections - Abercrombie & Fitch forecasts earnings per share in the range of $10.40 to $11.40 for 2025, compared to the analyst consensus of $11.28 per share [1] - Market Reaction - The stock of Abercrombie & Fitch Co. declined by 6.5% in premarket trading following the announcement of its sales and earnings expectations [1]