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Abercrombie & Fitch lowers Q3 earnings forecast below expectations but raises sales outlook for FY 2025.
Abercrombie & Fitch updated its Q3 2025 earnings guidance to $2.050-$2.250 EPS, below analyst estimates of $2.526.
The company projects FY 2025 EPS of $10.000-$10.500 and Q3 revenue of $1.3 billion.
Despite facing potential $90 million in tariff costs, Abercrombie & Fitch raised its sales forecast to 5-7% for FY 2025, driven by strong demand for its Hollister brand.
Shares opened at $96.31 with a consensus "Moderate Buy" rating and $112.75 target price.
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Abercrombie & Fitch reduce la previsión de ganancias del tercer trimestre por debajo de las expectativas, pero eleva las perspectivas de ventas para el año fiscal 2025.