• StockStory

    Abercrombie and Fitch (ANF) Stock Trades Down, Here Is Why

    Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) fell 19.9% in the morning session after the company reported underwhelming sales and earnings forecasts, falling short of high expectations for retail stocks fueled by strong demand ahead of the holiday shopping season. ANF bumped its sales growth outlook for Q4 2024 to a range of 7-8% from a prior range of 5-7%. However, this modest increase lags far behind the robust double-digit growth the company achieved in the same quart

  • StockStory

    Why Zevia (ZVIA) Shares Are Falling Today

    Shares of beverage company Zevia (NYSE:ZVIA) fell 13.8% in the afternoon session after the company reported underwhelming preliminary fourth-quarter results with expectations for wider losses driven by increased spending on its holiday campaign. Precisely, the company expects an Adjusted EBITDA loss of $3.9 million to $4.2 million, compared to previous expectations for losses of $1.8 million to $2.2 million. In addition, sales are expected to be within the previous guidance range, which is less

  • PA Media: UK News

    It is morally wrong not to open safer drug consumption room, says councillor

    Allan Casey said ‘all eyes are on Glasgow’ as the UK’s first safer drug consumption room opens its doors.