Key Takeaways Apparel retailer Abercrombie & Fitch lifted its end-of-year outlook today, but its shares were down nearly 20% in recent trading.The company's latest fourth quarter sales growth guidance isn't far off Wall Street's expectations for the company,

Abercrombie & Fitch reported strong holiday sales, but concerns about weaker earnings growth than analysts had expected drove its stock price down. The retailer expects net sales for the fiscal quarter ending Jan.

Lululemon Athletica and Abercrombie & Fitch bumped up their current-quarter sales forecasts on Monday, underscoring a stronger-than-anticipated shopping period in the United States as customers hunt for the best bargains.

Abercrombie & Fitch Co. raised its fourth-quarter sales outlook on better-than-expected holiday sales, but the increase wasn’t enough to reassure investors the retailer could keep up the fast pace of growth.