1025 ET - Abercrombie & Fitch's full-year outlook for operating margins of 12% to 12.5% assumes an incremental tariff impact of about $40 million, net of mitigation, CFO Robert Ball says on a call with analysts. "We feel good about the mitigation strategies that we put in place," he adds, noting the clothing company has made changes to its sourcing and negotiated deals with its suppliers. Abercrombie has also raised prices, beginning late in 4Q and continuing throughout the current quarter as more spring products launch. As a result, Ball says the company expects slight average unit retail improvements in 1Q, "and then that'll build throughout the balance of the year." (connor.hart@wsj.com)
(END) Dow Jones Newswires
March 04, 2026 10:25 ET (15:25 GMT)
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