A pullback by American shoppers has led to more caution from national retailers about their sales potential in 2025, Abercrombie & Fitch on Wednesday becoming the latest. U.S. consumer confidence plunged last month,

Telsey Advisory's Dana Telsey maintains an Outperform rating on Abercrombie & Fitch, lowering the price target from $190 to $125. Despite a slight dip in Q4 gross margins, the company exceeded expectations,

A pullback by American shoppers has led to more caution from national retailers about their sales potential in 2025, Abercrombie & Fitch on Wednesday becoming the latest.

Abercrombie & Fitch continues to see success across the board as well. Sales at the Abercrombie brand were up 16% to $2.55 billion in 2024 with a 15% comparable sales increase. The Hollister brand rose 15% to $2.39 billion with a 19% comparable sales increase.

The company today also announced that the company’s Board of Directors authorized a new $1.3 billion stock repurchase program, which replaces

On Wednesday when reporting its most recent quarterly performance, Abercrombie & Fitch said it expects sales growth of between 3% and 5% in 2025, worse than Wall Street had been expecting and far below the sales growth of 16% that the retailer achieved last year.

Abercrombie & Fitch shares sank Wednesday after the apparel retailer's current-quarter profit and full-year sales forecasts disappointed investors.

Abercrombie & Fitch's board has approved a new $1.3 billion share-repurchase program. Abercrombie & Fitch on Wednesday said it expects to buy back about $400 million in stock during its current fiscal year under the program, which replaces a prior buyback the board approved in 2021.

Company delivers fourth quarter net sales growth of 9%, with comparable sales growth of 14%Full year net sales of $4.95 billion, up 16% to 2023,

Abercrombie & Fitch forecast sales to grow between 4% and 6% in the current quarter, while earnings per-share are expected to be between $1.25 and $1.45. Analysts polled by FactSet expect $1.08 billion in sales and earnings per-share of $1.97.