Abercrombie Lifts Sales Forecast After Mixed Quarter, Balancing Hollister Gains Against Tariff Costs

About Abercrombie Lifts Sales Forecast After Mixed Quarter, Balancing Hollister Gains Against Tariff Costs

Abercrombie & Fitch experienced a mixed quarter, with sales slowing overall but Hollister delivering a record 19% growth. The company beat Wall Street expectations with earnings of 2.32 per share on 1.21 billion dollars in revenue. Despite the gains, Abercrombie raised its full-year earnings forecast and increased its net tariff cost estimate to 90 million dollars, up from 50 million. Shares declined slightly amid these developments, highlighting balancing challenges and growth opportunities.