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
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March 05, 2025 07:42 ET (12:42 GMT)
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