Retail News

Abercrombie & Fitch got off to a tough start in 2022

CNBC 05/24/2022

Abercrombie & Fitch posted a first-quarter loss of 27 cents a share despite a four percent rise in sales year-over-year. The retailer pointed to the impact of inflation on the cost of goods and freight as the biggest factors for its loss. The company pledged to manage its expenses as the year goes on.

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