By Nicholas G. Miller
Abercrombie & Fitch narrowed its fiscal fourth-quarter guidance and said its Hollister and Abercrombie segments each saw strong holiday sales.
Shares were down 17% to $103.94 in premarket trading.
The New Albany, N.Y., retailer now expects fourth-quarter earnings of $3.50 to $3.60 a share, compared with its previous forecast of $3.40 to $3.70 a share, it said Monday. Analysts polled by FactSet see fourth-quarter earnings of $3.61 a share.
The company also guided for fourth-quarter net sales growth of around 5%, compared with its prior guidance of 4% to 6%.
For its full fiscal 2025, it expects to record total tariff expenses of $90 million.
"Our brands are healthy and well-positioned to expand within their respective significant addressable market," said Chief Executive Fran Horowitz. "In the year ahead, we'll leverage our proven operating model to continue growth across our owned-and-operated business, while developing new go-to-market partnerships and capabilities to efficiently bring our brands to new customers across the globe."
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
Abercrombie & Fitch is based in New Albany, Ohio. "Abercrombie & Fitch Narrows 4Q Guidance," at 8:30 a.m. ET, incorrectly said the company is based in New Albany, N.Y.
(END) Dow Jones Newswires
January 12, 2026 11:20 ET (16:20 GMT)
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