Abercrombie Down More Than 17% on Revised View, Issues Business Update

Key Takeaways ANF shares dropped more than 17% after revised fourth-quarter and fiscal 2025 guidance to reflect tariffs.Updated outlook assumes nearly $90M in tariff expense, with sales growth now at least 6%.ANF sees record quarter-to-date sales, regional growth and Hollister performance despite guidance cuts.Shares of Abercrombie & Fitch Co. (ANF) fell more than 17% yesterday despite issuing an encouraging business update. Investors’ sentiments were hurt by ANF’s updated forecasts for the fourth quarter a ...