Abercrombie misses holiday-quarter sales estimates

[March 02, 2022]  (Reuters) - Clothes retailer Abercrombie & Fitch Co missed quarterly sales estimates on Wednesday with Omicron-driven COVID-19 curbs in some places taking the shine off holiday season business.

The Ohio-based company's net sales rose to $1.16 billion in the fourth quarter from $1.12 billion a year earlier, compared with analysts' estimates of $1.18 billion, according to IBES data from Refinitiv.

(Reporting by Deborah Sophia in Bengaluru; Editing by Krishna Chandra Eluri)

[© 2022 Thomson Reuters. All rights reserved.]
This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.