Abercrombie & Fitch Trading Volume Plummets 67% to 135th Rank Despite Strong Q1 Sales

Generado por agente de IAAinvest Volume Radar
jueves, 29 de mayo de 2025, 8:12 pm ET1 min de lectura
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On May 29, 2025, Abercrombie & FitchANF-- (ANF) experienced a significant decline in trading volume, with a total of $631 million in shares traded, marking a 67.08% decrease from the previous day. This decline placed Abercrombie & Fitch at the 135th position in terms of trading volume for the day. The stock price of Abercrombie & Fitch fell by 6.14%.

Abercrombie & Fitch reported impressive first-quarter 2025 results, surpassing analysts' expectations for both sales and earnings per share (EPS). The company's Hollister brand led the growth with a 22% increase, while Abercrombie's own brand saw a 4% decline. Despite the sales boost, profits were affected by rising costs and expenses, which reduced margins and impacted the bottom line.

The company's full-year EPS guidance was lowered, falling short of market expectations. This guidance includes the estimated impact of current tariffs, such as a 30% tariff on imports from China and a 10% tariff on goods from other countries. However, the market seemed to overlook the reduced full-year EPS guidance, as many retailers have reported worse quarters.

Prior to the earnings report, Abercrombie & Fitch's shares were down roughly 5% year-to-date, reflecting lowered expectations. The company's shares have been extremely volatile, with 37 moves greater than 5% over the last year. The largest move occurred a year ago when the stock gained 27% on the news of a "beat and raise" quarter, driven by strong same-store sales growth.

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