Abercrombie says core shopper is being more discerning but still spending

Financial Performance - Abbercrombie reports better than expected earnings and revenue [1] - Abbercrombie brand sales were down 5% with comps down 11% during the quarter [2] - Tariffs are expected to cost at least $90 million this year [6] Brand Performance & Strategy - Abbercrombie CEO reiterates that the Abbercrombie brand is strong [2] - Abbercrombie expects the brand to be back to growth by the end of the year [3] - Hollister sales were up 9% and was a big winner with back to school shopping [5] - Abbercrombie is expanding into the UK and has plans to move to Germany [4] - Abbercrombie Kids recently partnered with Macy's to drive sales [4] Market Trends & Partnerships - Abbercrombie's recent partnership with the NFL involves styling players this season, highlighting the role of fashion in sports [3][4] - Hollister recently launched a new Y2K assortment [5]