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0.00153890545349617 0.00591516783687611 0.00062518034048281 0.00528998749639316 0.0107242473790517 0.0145455419832645 0.00456862556506693 0.00721361931326344
Stock impact report

Abercrombie, Birkenstock warning on cautious holiday spending weighs on retail shares [Globe and Mail, The (Toronto, Canada)]

Abercrombie & Fitch Company (ANF) 
Last abercrombie & fitch company earnings: 3/4 07:30 am Check Earnings Report
US:NYSE Investor Relations: abercrombie.com/shop/us
“The theme of value-seeking behavior was on full display in this morning's slew of retail pre-announcements,” Consumer Edge analyst Michael Gunther said, noting a continued shift toward affordable ?options, among even high-income ?consumers, as economic uncertainty persists. Lingering economic effects of President Donald ?Trump's trade policies have led shoppers ?to tighten spending, while apparel and footwear makers have ?struggled to keep costs in check amid supply-chain disruptions caused by U.S. ?tariff uncertainty. The raft of updates ahead of the ICR industry conference this week also weighed on other apparel retailers including Gap, Under Armour and VF Corp, all down about 2 per cent. Department-store chains Macy's and Kohl's were ?also down in morning trading. Abercrombie now expects annual sales growth of at least 6 per cent, down from its prior outlook of 6-per-cent to 7-per-cent growth. It estimated net sales for the quarter ending in February to increase about 5 per Show less Read more
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