Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead
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Abercrombie & Fitch's shares fell after the company provided weaker-than-expected guidance for fiscal 2025, forecasting sales growth between 3% and 5%, below Wall Street's expectation of 6.8%.
March 05, 2025 | 1:15 pm
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Abercrombie & Fitch's shares declined due to the company's guidance for fiscal 2025 sales growth being below Wall Street expectations. The company anticipates a growth rate of 3% to 5%, compared to the expected 6.8%.
The company's guidance for fiscal 2025 sales growth is significantly below Wall Street's expectations, which is likely to negatively impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100