Abercrombie & Fitch Co
As retailers enter the holiday shopping season, the winners are pulling away from the pack
Shoppers outside a Target store ahead of Black Friday in Clifton, New Jersey, US, on Tuesday, Nov. 26, 2024. Victor J. Blue | Bloomberg | Getty Images As the holiday season heats up, retailers are getting a fresh opportunity to attract even the most selective shoppers and convince them to splurge on discretionary items like […]
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Abercrombie expects a strong holiday quarter as growth run continues
Abercrombie & Fitch isn’t giving up its crown anytime soon. The apparel company issued strong holiday guidance on Tuesday after posting its sixth straight quarter of double-digit sales growth and another quarter of results that topped expectations. The recent arrest of the company’s former CEO, Mike Jeffries, on charges of sex trafficking did not appear to […]
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Stocks making the biggest moves premarket: Amgen, Best Buy, Abercrombie & Fitch, Stellantis and more
Check out the companies making headlines before the bell. Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer’s earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the $2.39 per share LSEG consensus estimate. Revenue was $1.21 billion, versus the $1.19 billion expected. […]
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Stocks making the biggest moves midday: Bath & Body Works, Robinhood, Macy’s and more
Check out the companies making headlines in midday trading: Bath & Body Works — The Ohio-based personal care company climbed more than 16%, on pace for its best day since November 2022. The retailer raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, boosted by solid demand for […]
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Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy’s and more
Check out the companies making headlines in premarket trading. Bath & Body Works — Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. The retailer earned 49 cents per share, excluding items, on revenue of $1.61 billion, while analysts polled by LSEG had anticipated earnings of 47 cents a share and revenue of […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Turkey trade U.S. stocks enter a shortened trading week on a winning run. The Dow Jones Industrial Average climbed about 2% last week and notched a record close Friday. The S&P 500 and Nasdaq Composite both rose about 1.7%. […]
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Abercrombie ex-CEO Mike Jeffries to plead not guilty in sex crimes case
Michael Jeffries, former CEO of Abercrombie & Fitch, leaves following a hearing at the Paul G. Rogers Federal Building and U.S. Courthouse, in West Palm Beach, Fla., Tuesday, Oct. 22, 2024. Rebecca Blackwell | AP Former Abercrombie & Fitch CEO Mike Jeffries and his associate will plead not guilty Friday to federal criminal charges of […]
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Abercrombie & Fitch responds to former CEO’s sex trafficking arrest, says it will cooperate with law enforcement
Abercrombie & Fitch chairman and CEO Mike Jeffries addresses stockholders during the company’s annual meeting at the company’s headquarters in New Albany, Ohio, U.S. May 22, 2003. Will Shilling | Via Reuters Abercrombie & Fitch washed its hands of its former CEO Mike Jeffries after he was arrested on federal sex trafficking charges, saying in […]
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Former Abercrombie CEO Mike Jeffries arrested in sex trafficking case
File: Mike Jeffries, then Abercrombie & Fitch CEO in 2005. Michael Loccisano | FilmMagic | Getty Images Former Abercrombie & Fitch CEO Mike Jeffries was arrested in Florida and faces sex trafficking-related charges, a spokesman for federal prosecutors in the Eastern District of New York told CNBC on Tuesday. Two of Jeffries’ associates, Matthew Smith […]
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Why a stock picking approach to small caps may boost performance right now
ETF Edge Why a stock picking approach to small caps may boost performance right now Published Sat, Oct 19 202411:00 AM EDT Krysta Escobar WATCH LIVE Source
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