Abercrombie & Fitch, a clothing store, had a great year in 2024, but things might slow down in 2025. Tariffs (taxes on imported goods) and shoppers spending less money are causing problems. The company makes most of its clothes in other countries, so tariffs make things more expensive.
- Tariffs are increasing costs for Abercrombie & Fitch.
- Shoppers are buying less clothing.
- Sales growth is expected to be slower in 2025 than in 2024.
- The company might slightly raise prices.
Item | Fact/Prediction |
---|---|
2024 Net Sales Growth | 14% |
2025 Net Sales Growth (Expected) | 3% to 5% |
Operating Margin (2025) | 8% to 9% |
Apparel Inflation (last 3 years) | ~8.5% |