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Abercrombie says core shopper is being more discerning but still spending
A&FA&F(US:ANF) CNBC Televisionยท2025-08-27 16:15

Welcome back. Abbercrombie reporting better than expected earnings and revenue despite falling sales for its namesake brand. CNBC.com's Gabrielle Pon Rouge just spoke with the CEO and joins us now. What did he have to say. Uh yeah, she thanks Contessa.I just got off the phone with Abberrombi CEO Fran Herowitz and she reiterated that the Abbercrombie brand is strong. During the quarter, sales at its namesake brand were down 5% with comps down 11%. But she blamed that decline on carryover inventory the brand ...