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Abercrombie shares soar 18% on Hollister growth, strong earnings beat
CNBC· 2025-11-25 13:00
An Abercrombie & Fitch store stands in midtown Manhattan in New York City on Oct. 24, 2024.Shares of Abercrombie & Fitch soared 16% in premarket trading on Tuesday after the company posted 7% growth in quarterly sales and issued its holiday guidance. Abercrombie, which runs its namesake brand and Hollister, is expecting fourth-quarter sales to climb between 4% and 6%, which is largely below Wall Street expectations of 5.6% growth, according to LSEG. It anticipates earnings per share will be between $3.40 an ...