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Abercrombie Down More Than 17% on Revised View, Issues Business Update
ZACKS· 2026-01-13 15:20
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 ...
Apple Earnings: Better iPhone Sales And Profit Than Expected As It Steps Through Tariff ‘Minefields'
Forbes· 2025-05-01 20:36
ToplineApple took center stage Thursday when it reported earnings from the first three months of the year, providing an early glimpse into the impact of the U.S.-China trade war on its border-spanning business, though analysts largely suggest investors won’t leave with all their questions answered.Apple stock slumped early Thursday after receiving a legal blow.NurPhoto via Getty Images Key FactsApple generated $95.4 billion in revenue, compared to consensus analyst estimates of $94.4 billion, and $1.65 earn ...