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Abercrombie & Fitch Sales growth slowed down in its fiscal second trimester while the clothes company struggles to compensate surges, enjoying the last fiscal year.
During the quarter, the sale of the Abercrombie brand fell 5%, while comparable sales fell 11%.
But the success of the brand focused on teen focus helped save the neighborhood. Overall, Abercrombie & Fitch sells with 7%, led by 19% in Hollister – the best and further growth of brand sales, announced. Comparable sales through business increased by 3%, led by Hollister, who also saw comparable sales are 19%.
Abercrombie won Wall Street expectations closely on the upper and lower lines. The company also gave its overall income prospects and now expects the sale to climb 5% to 7%, compared to previous guidelines of 3% to 6% growth of 6%. The large part of that range would compete at LSEG.
Actions have fallen almost 4% on SMENSRET trade.
Here’s how the company did in another fiscal quarter compared to what Wall Street predicted, based on analysts by LSEG:
The reported net income for a three-month period ended 2. August amounted to $ 141 million or $ 2.91 per share, compared to $ 133 million, or $ 2.50 stake, a year earlier. Excluding the influence of a favorable vigil solution, Abercrombie has seen $ 2.32 per share.
The sale rose to 1.221 billion dollars, more than about 1.13 billion a year earlier.
“We entered the other half in 2025. year in the insult,” said General Manager of Fran Chorowitz to News. “We increase our entire sales look, reflecting our strong path of positioning and growth, building on record 2024 results. Our team remains focused on the delivery of our customers during entry into significant, long-term opportunities for our global brands.”
For his current quarter, Abercrombie also gave it better than the expected sales prospect. He expects revenue to increase between 5% and 7%, beating the expectations of 4.3% growth, according to LSEG.
Meanwhile, his profit Outlook for fiscal third quarter is weaker than expected. The company predicts that salary per share will be between $ 2.05 and $ 2.25, far below the expectation of $ 2.53, according to LSEG.
As a whole year, Abercrombie found his earnings and now expects to earn an action between Highlight 10.00 and $ 10.50, in accordance with the expectations of $ 10.15, according to LSEG.
The Abercrombie guidelines include about $ 90 million of net tariff costs – almost twice as predicted. When he announced fiscal earnings in the first quarter in May, Abercrombie said he expects a $ 70 million Hit from tariffs that this could reduce 50 million dollars by alleviating.
At that time, President Donald Trump so-called reciprocal tariffs were held at 10% throughout most of the world. But now Abercrombie is facing higher tasks on goods from Vietnam, Cambodia and India, key production regions for the company.
Then the company said that it was not a broad price planning as part of its efforts to mitigate. It is unclear that Abercrombie will change that position that tariffs increased through Asia.
Abercrombie & Fitch, used to be a brand forgotten shopping center, was at a rocket growth ship in the last few years. But Nargta began to slow down on his names.
The company turned into new categories, such as dresses, athlic and young, in order to encourage growth. It also works to expand international and will rely on partnerships.
On Monday, the company announced that it would be the first “official fashion partner” – a multi-year contract that will include personal style for the athletes, campaigns under the guidance of athletes and clothing designed. The partnership occurs after Abercrombie launched an assortment of NFL licensed products in 2022. years, the category that performed a good company.
He teamed up with stellar players like Christian McCaffrei, Tee Higgins and Ceedee Lagct to advertise partnership and designed limited edition of co-designed clothes that will be available for sale during the next season.
The partnership reflects retail steps need to ensure that sales still grow and stays are relevant to consumers at a time when bathers pull on nice and add-ons. The competitors love Left, American Eagle and Void have teamed up with familiar people In recent marketing campaigns before returning to school and falls Seasons Seasons.
International, Abercrombie efforts to expand pay in some parts of the world. During the quarter, sales in their Asian Pacific region increased 12%, while comparable sales were climbed to 3%. It moved slowdown in Europe, Middle East and Africa, where sale of 1% comparable sales reduced 5%.