Abercrombie & Fitch shares fall after star retailer posts weak guidance for year ahead
1. Abercrombie forecasts slower growth, expecting 3-5% sales increase for 2025. 2. EPS guidance is $1.25 to $1.45, below Wall Street's $1.97 expectation. 3. Stock dropped nearly 5% in premarket after weaker guidance release. 4. Company struggles with consumer confidence and competition from rapid growth peers. 5. Focus is shifting towards profit growth over sales in the long term.