Comment on Abercrombie & Fitch shares slide amid disappointing earnings

Abercrombie & Fitch shares slide amid disappointing earnings

Shares of Abercrombie & Fitch were down in morning trading after the New Albany-based fashion retailer reported disappointing sales and earnings for the first quarter. Abercrombie reported sales of $685.5 million for the quarter, down from $709.4 million during the same quarter last year and below the $705.9 million predicted by Wall Street analysts.adcelannotate = {"mobilepaywallcategory" : "MOBILE_PREM-BUSINESS","nativepaywallcategory" : "NATIVE_PREM-BUSINESS"};

 

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