Shares of retail stocks sank Monday after companies including Abercrombie & Fitch, Macy’s and Urban Outfitters provided updates on their holiday performance and outlooks that disappointed investors for the year ahead.
Abercrombie & Fitch led the stock declines, with shares dropping 17%, to $133.70. Others posting declines included Macy’s, down 7.5%; American Eagle, down 4.5%; and Five Below and Urban Outfitters, down 3.5% and 2.8%, respectively.
Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8