Abercrombie & Fitch (NYSE:ANF) Reports Q1 Earnings Drop But Expands Sales Outlook
Abercrombie & Fitch (NYSE:ANF) recently reported its first-quarter earnings for 2025, revealing an 8% increase in sales to a record $1.10 billion, although net income declined. Earnings per share surpassed analyst expectations, leading to a notable rise in the stock price, up 7.69% over the past month. This move came amidst a generally flat market, as major indices, like the S&P 500, showed minimal changes, partly due to investors' cautious anticipation of Nvidia's earnings. Abercrombie &...