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Clothes retailer Abercrombie & Fitch Co warned of weaker margins in 2022 after missing holiday-quarter sales and profit estimates due to product shortages and COVID-19 curbs, sending shares down... | March 2, 2022
The owner of Abercrombie & Fitch, Abercrombie Kids, Hollister, Gilly Hicks and Social Tourist will open more stores than it closes in 2022.
Abercrombie & Fitch reported weaker-than-expected results for fiscal Q4 but its future guidance was in line with analysts' expectations.
Retail sales took an unexpected dip in December in what economists say could be a signal that persistently rising inflation is prompting a pullback in consumer spending.
Retail sales took an unexpected dip in December in what could be a signal that persistently rising inflation is prompting a pullback in consumer spending