Scoopfeeds — Intelligent news, curated.
business

Abercrombie shares jump 13% on earnings beat even as Iran conflict hits sales

CNBC · May 27, 2026, 2:55 PM · Also reported by 4 other sources

Key takeaways

  • Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
  • Abercrombie & Fitch posted mixed first-quarter results on Wednesday and weaker-than-expected guidance after the conflict in the Middle East "directly impacted" sales, the company said.
  • Despite those challenges, shares jumped about 13% in morning trading as the company easily topped Wall Street's earnings estimates.

Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu

Abercrombie & Fitch posted mixed first-quarter results on Wednesday and weaker-than-expected guidance after the conflict in the Middle East "directly impacted" sales, the company said.

Despite those challenges, shares jumped about 13% in morning trading as the company easily topped Wall Street's earnings estimates.

Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC → More top stories

Also covered by

Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop