Abercrombie cuts full-year sales and margin forecast on inflation hit
Apparel retailer Abercrombie Fitch Co on Thursday cut its full-year sales and margin forecasts after reporting a surprise quarterly loss, underscoring increasing competition for consumer dollars amid surging inflation.
Abercrombie cuts full-year sales and margin forecast on inflation hit
Apparel retailer Abercrombie Fitch Co on Thursday cut its full-year sales and margin forecasts after reporting a surprise quarterly loss, underscoring increasing competition for consumer dollars amid surging inflation.