Abercrombie & Fitch's stock $(ANF)$ was down 6.5% in premarket trading on Tuesday after the retailer said it expects its 2025 sales to increase by 3% to 5%, below the analyst expectation for 5.5% growth.
Abercrombie & Fitch also said it expects 2025 earnings of $10.40 share to $11.40 a share, while analysts are looking for earnings of $11.28 a share, according to FactSet data.
Separately, Abercrombie & Fitch OK'd a new $1.3 billion share repurchase program including $400 million in 2025.
(This is a developing news story with updates to come.)
-Steve Gelsi
For more from MarketWatch: http://www.marketwatch.com/newsviewer
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
March 05, 2025 07:42 ET (12:42 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。