Abercrombie

An Abercrombie & Fitch store in New York, US, on Monday, Nov. 20, 2023. Abercrombie & Fitch Co. is scheduled to release earnings figures on November 21. Stephanie Keith | Bloomberg | Getty ImagesAbercrombie & Fitch said Wednesday that its holiday-quarter sales jumped 21%, and the apparel retailer expects its growth story will continue as it issued better-than-expected sales guidance.Here's how Abercrombie did in its fourth fiscal quarter compared with what Wall Street was anticipating, based on a survey of…

Combination showing store signage from Aberdrombie & Fitch and Lululemon stores.Getty ImagesAbercrombie and Fitch, Lululemon and American Eagle Outfitters all raised their fiscal fourth-quarter outlooks Monday, saying they drew customers looking for holiday gifts and items for themselves in November and December.Yet Wall Street greeted the news with varying levels of enthusiasm Monday morning. Shares of Abercrombie and Amercian Eagle shot up about 7%. And Lululemon sank by more than 1%, after investors weighed the…

Abercrombie & Fitch.Courtesy: Abercrombie & FitchAbercrombie & Fitch on Tuesday blew past estimates as it posted a 20% jump in sales thanks to a strong back-to-school shopping season and growth at both its namesake brand and Hollister. The longtime mall retailer, which has bounced back after years of stagnation, also raised its outlook again as it continues to defy an overall slowdown across the apparel industry. Shares of the company fell more than 5% in premarket trading, however. Through Monday's close, the…

If you purchase an independently reviewed product or service through a link on our website, Rolling Stone may receive an affiliate commission. Some style staples are like men’s faith in losing sports teams — consistent and unwavering. We’ve put together a list of closet staples that are additive to any wardrobe, regardless of whether your personal style is preppy, grunge, or “voted somewhat likely to wear leggings to dinner and only feel partially guilty about it.” And the best part? They’re on sale. The…

Pedestrians pass in front of an Abercrombie & Fitch Co. store in San Francisco.David Paul Morris | Bloomberg | Getty ImagesShares of Abercrombie & Fitch soared more than 20% on Wednesday after the mall retailer beat estimates, raised its guidance and reported a surprise profit. Here's how Abercrombie did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by Refinitiv:Earnings per share: 39 cents, adjusted, vs. a loss of 5 cents expectedRevenue: $836 million…

Check out the companies making headlines before the bell:Best Buy (BBY) – Best Buy rallied 7% in the premarket after its third-quarter results beat analyst estimates. The electronics retailer also registered a smaller-than-expected decline in comparable store sales. Discounts helped keep customer traffic flowing to its stores, and Best Buy also raised its full-year forecast.Dick's Sporting Goods (DKS) – The sporting goods retailer reported better-than-expected third-quarter profit and revenue and an unexpected increase in…

Apparel chains Victoria’s Secret VSCO -0.34% & Co. and Abercrombie & Fitch Co. ANF -6.49% reported declining quarterly sales and lowered their sales targets for the year as consumers shift their spending away from clothing and other discretionary items. The results, following lackluster earnings reports from many department stores and big-box chains, were weaker than investors…

A man photographs a banner for Snap Inc. on the facade of the New York Stock Exchange on the morning of the company's IPO in New York City, March 2, 2017.Brendan McDermid | ReutersCheck out the companies making headlines in midday trading Tuesday.Snap — Shares of Snapchat's parent company plummeted 41.2% after Snap said it's unlikely to meet revenue and earnings estimates in the current quarter and plans to slow hiring to tame expenses. The social media company cited inflation, supply chain shortages and uncertainties…

A person carries a bag from the Abercrombie & Fitch store on Fifth Avenue in New York City, February 27, 2017.Andrew Kelly | ReutersAbercrombie & Fitch shares fell more than 30% Tuesday after the retailer reported an unexpected loss for its fiscal first quarter, with freight and product costs weighing on sales.Abercrombie also slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year. The news sent shares of apparel retailer American Eagle…