Abercrombie shares fall over 25% after retailer posts loss, offers weak outlook - CNBC

Abercrombie & Fitch slashed its sales outlook for fiscal 2022, anticipating that economic headwinds will remain at least through the end of the year.

Abercrombie & Fitch shares fell more than 32% in premarket trading Tuesday after the retailer reported an unexpected loss in its fiscal first quarter, with freight and product costs weighing on s… [+2744 chars]

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