Abercrombie & Fitch tanks 31% premarket – #marketnews

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Abercrombie & Fitch tanked premarket on Q1 earnings and guidance. Earnings per share came at loss of 27 cents compared to analysts projection of 2 cents per share. Gross profit came in at 55.3%, down 810 basis points compared to Q1 of 2021.

https://finance.yahoo.com/m/4c8e25c2-2ccd-335b-89ba-27ee0b679cde/abercrombie-fitch-stock.html

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