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Abercrombie & Fitch cuts full-year sales forecast on tariff impact, shares fall


Aug 29 (Reuters) - Abercrombie & Fitch Co cut its full-year sales forecast on Thursday, accounting for the potential impact of increased U.S. tariffs on Chinese imports, sending its shares down 12%.

The company said it now expects annual sales to be flat to up 2%, down from a previous range of up 2% to 4%. (Reporting by Aditi Sebastian in Bengaluru; Editing by Anil D'Silva)

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