Reported 2 days ago
In a bustling week for retail earnings, Abercrombie & Fitch surpassed expectations in all key metrics, highlighting a 4% growth in same-store sales, significantly aided by Hollister's impressive 23% growth. Dick's Sporting Goods and Macy's also surprised analysts by beating forecasts. Dick's reported a 4.5% increase in same-store sales, while Macy's faced a 1.2% decline but still outperformed expectations. While Dick's reaffirmed its guidance amidst tariff concerns, Macy's adjusted its earnings outlook downward due to market uncertainties.
Source: YAHOO