Abercrombie's $100 Million Tariff Refund Stole the Headlines. The Business Did Even Better.
Abercrombie says its business exceeded expectations even beyond a $100 million tariff refund that boosted second-quarter earnings.
Abercrombie got back $100 million in tariff money, which helped profits look good. But the real story is that the actual clothing business itself did better than expected, showing customers still want to buy their stuff.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.