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Abercrombie, American Eagle and Lululemon raise holiday sales outlooks
ANFA&F(ANF) CNBC·2024-01-08 14:43

Abercrombie and Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December.Yet Wall Street greeted the news with varying levels of enthusiasm Monday morning. Shares of Abercrombie rose about 4%. American Eagle shares shot up about 6%. And Lululemon sank by about 1%, after investors weighed the slight forecast tweak with concerns that the athletic apparel retailer ...