Retail News

Abercrombie & Fitch expects to take a hit from coronavirus

The Columbus Dispatch 03/04/2020

Abercrombie & Fitch reported earnings of $1.31 a share, ahead of the $1.23 expected by analysts. The specialty clothing store retailer estimated, however, that supply chain interruptions and other consequences of the coronavirus outbreak in China and elsewhere will reduce its net sales between $40 million and $50 million.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!