Abercrombie: growth expected to slow in 2025/2026

(CercleFinance.com) - On Wednesday Abercrombie & Fitch announced that it expects growth to slow in its new FY 2025/2026, which led to a sharp drop in its share price in pre-market trading (-9.
5%).

The US ready-to-wear group this morning said that it was aiming for net sales growth of between 3% and 5% for the financial year that began at the beginning of February.

In comparison, Abercrombie also reported this morning that it expected sales to rise by 16% for 2024/2025, which also ended at the beginning of last month.

Meanwhile, its operating margin, is set to fall to between 14% and 15%, compared with 15% for the last financial year.

EPS could also fall y-o-y, as the retailer has set itself a target of $10.40 to $11.40, compared with $10.69 for the last financial year.


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