Abercrombie & fitch co. provides sales guidance for the fourth quarter and full year 2020

Abercrombie & fitch co. provided sales guidance for the fourth quarter and full year 2020. for the full year, the company expects net sales to be in the range of flat to up 1%, driven by comparable sales and net new store contribution, partially offset by an adverse impact from changes in foreign currency exchange rates of approximately $40 million of which approximately $35 million has been reflected in year-to-date results.for the fourth quarter, the company expects net sales to be in the range of flat to up 2%, reflecting an adverse impact from changes in foreign currency exchange rates of approximately $5 million.
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