Jim Cramer Wonders If Abercrombie & Fitch (ANF)'s Customers Can't Find Jobs

We recently published 9 Stocks Jim Cramer Talked About.  Abercrombie & Fitch Co. (NYSE:ANF) is one of the stocks on Jim Cramer talked about.

Abercrombie & Fitch Co. (NYSE:ANF) is one of the most well-known apparel retailers in America. The stock is off to a bad start in 2026 as it is down by 16.6% year-to-date. The shares crashed by 17.7% after Abercrombie & Fitch Co. (NYSE:ANF) reported its fourth quarter and fiscal year outlook update. The announcement saw the firm reduce its full-year sales growth to 6% from an earlier range of 6% to 7% and operating margin to sit at 13% from an earlier range of 13% to 13.5%. Additionally, Abercrombie & Fitch Co. (NYSE:ANF) also revised its earnings guidance to $10.30 to $10.40 from an earlier $10.20 to $10.50. After the update, UBS reiterated a Buy rating and a $150 share price target for the firm. The financial firm pointed out that the apparel company was struggling due to investor attention on its Hollister brand and added that the company could beat market expectations. Cramer discussed the low retail guidance and jobs data:

“Interesting that you mention that, because ANF is the cohort that maybe can’t find jobs. Lot of those people are in school, Hollister, very young stuff.”

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Disclosure: None. This article is originally published at Insider Monkey.