Abercrombie Surges After Raising Outlook Despite Tariff Cost

Abercrombie & Fitch Co. shares jumped after the retailer upped its full-year outlook, suggesting confidence in its ability to navigate the changing tariff landscape.

The fashion retailer now sees full year net sales growth of 3% to 6% up from its estimate of 3% to 5% in March. This included approximately $50 million of tariff expenses.