After two years of robust growth at Abercrombie & Fitch (ANF), shares plunged on Wednesday after the company posted weaker-than-expected 2025 guidance partially due to tariffs' impact on freight costs and consumer spending.

Abercrombie & Fitch Co.’s stock fell 16% on Wednesday to its lowest levels since 2023, after the retailer issued a first-quarter profit warning due partly to higher inventory levels and slower sales over the winter.

Abercrombie & Fitch joined other U.S. retailers in forecasting weak annual sales growth and warned of softer demand heading into spring for its namesake brand, sending its shares down 14% on Wednesday.

Shares of apparel retailer Abercrombie & Fitch ( ANF -11.70%) plunged on Wednesday after it reported financial results for the fourth quarter of 2024. As of noon ET, Abercrombie stock was down 14% for the day and down nearly 60% from its 52-week high.

Add Abercrombie & Fitch to the growing list of American retailers getting pounded by investors for warning about the looming effect of Trump tariffs. Talk about Wall Street being

(Reuters) -Abercrombie & Fitch on Wednesday forecast annual sales growth below estimates as consumer spending on pricier apparel remains weak, taking its shares down about 8% in premarket trading. Consumer spending has been weak through February due to sticky inflation and uncertainty around the impact of U.S. President Donald Trump's tariffs.

By Juveria Tabassum (Reuters) -Abercrombie & Fitch forecast downbeat annual sales growth and margins as the apparel maker braces for weak consumer spending and the impact of U.S. tariffs, sending its shares down about 14% on Wednesday.

KEY TAKEAWAYS Abercrombie & Fitch shares sank Wednesday after the apparel retailer's current-quarter profit and full-year sales forecasts disappointed investors.The company sees first-quarter earnings per share between $1.

Abercrombie & Fitch Co. (ANF) shares slumped more than 9% on Wednesday after the apparel company's guidance fell short of Wall Street expectations as it warned about a potential hit from U.S. tariffs,