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Insider Trading

Abercrombie & Fitch Insider Sold Shares Worth $293,640, According to a Recent SEC Filing

Scott D. Lipesky, Executive Vice President and COO, on September 04, 2026, sold 2,000 shares in Abercrombie & Fitch (ANF) for $293,640. Following the Form 4 filing with the SEC, Lipesky has control over a total of 145,534 Class A common shares of the company, with 145,534 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1018840/000122520826007702/xslF345X05/doc4.xml

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Research

BMO Capital Initiates Coverage on Abercrombie & Fitch With Outperform Rating, $170 Price Target

Abercrombie & Fitch (ANF) has an average rating of overweight and mean price target of $160.80, according to analysts polled by FactSet.

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Gap Momentum Encouraging, Old Navy Weakness Seen Continuing, BofA Says
US Markets

Gap Momentum Encouraging, Old Navy Weakness Seen Continuing, BofA Says

Gap's (GAP) momentum is encouraging, but pressure within the Old Navy brand will likely continue amid a tough macroeconomic backdrop, BofA Securities said in a note Friday.The apparel retailer late Thursday reported a comparable sales decline of 1% in the fiscal second quarter, with the Gap brand posting 10% growth, while Old Navy declining 4%. Old Navy's print was weaker than BofA's estimate that called for a 2% drop.Gap attributed the comparable sales decline at Old Navy to pressure in the women's seasonal assortment, as well as an unexpected slowdown in traffic."We are encouraged by momentum at Gap but remain concerned that Old Navy's lower-end customer will continue to be pressured by the tough macro climate," BofA analysts Lorraine Hutchinson and Mary Sport said.Gap named Chief Customer Officer Michael Francis as CEO of Old Navy, effective Nov. 2. Francis succeeds Haio Barbeito, who will step into an advisory role."We have work to do at Old Navy, but we have a clear understanding of the factors that impacted performance and are taking targeted actions that are already driving improved results," Gap CEO Richard Dickson said in a statement.Gap's shares jumped 13% intraday Friday, reducing year-to-date losses to 8.5%.Management is investing in sharper pricing in the second half to improve Old Navy's value proposition, "which should help to stabilize sales," Hutchinson and Sport said.The company's adjusted earnings per share for the quarter ended Aug. 1 totaled $0.52, exceeding the FactSet-polled estimate of $0.48 and BofA's $0.50. Net sales declined 2% to $3.65 billion, missing the Street's view of $3.69 billion."While not the revenue outcome we wanted, continued operational and financial rigor contributed to gross margin strength," Dickson said during the earnings call on Thursday, according to a FactSet transcript. "We also maintained market share, reflecting the continued resonance of our brand portfolio."Second-quarter adjusted gross margins improved 20 basis points year on year, excluding the $417 million benefit from tariff refunds, according to the note.BofA raised its price objective on Gap's stock to $27 from $26, and retained its neutral rating.For fiscal 2026, the company raised adjusted EPS guidance to between $2.35 and $2.45 from $2.30 to $2.40 previously expected. It narrowed net sales growth outlook to 1% to 1.5% annually from 1% to 2%. Analysts expect EPS of $2.41 and revenue growth of 1.1%.The brokerage raised its fiscal 2026 EPS estimate by 2% to $2.39 and the 2027 outlook by 4% to $2.58."As we move into the third quarter, the headwind from summer categories becomes much less significant," the CEO told analysts. "This gives us a clear runway for improvement, as key categories like denim, active, sweaters and knits drive the business."Earlier this week, apparel retailer Abercrombie & Fitch (ANF) raised its full-year outlook as tariff-related refunds propelled its fiscal second-quarter results above Wall Street's expectations. American Eagle Outfitters (AEO) is slated to announce its results next month.Price: $23.49, Change: $+2.70, Percent Change: +12.96%

$AEO$ANF$GAP
Wire

Abercrombie & Fitch Remains Well Positioned to Generate Sustainable Growth, UBS Says

Abercrombie & Fitch (ANF) remains well positioned to generate sustainable growth through product innovation, category expansion, inventory management, as well as a greater international footprint, UBS Securities said in a research note.Building on this, the investment firm projected a 13% five-year EPS compound annual growth rate, and said that the company's current earnings power is supported by mid-single digit percentage sales growth, higher gross margin, and increased cash returns to shareholders.Additionally, sales of the Hollister brand have accelerated in Q3-to-date from Q2 levels on account of timely inventory replenishment, UBS said in a note Wednesday, adding that this should support sales growth improvement in H2.UBS further said that while Abercrombie & Fitch has benefitted from tariff refunds, the company's gross margin upside in Q2 was aided by better-than-expected average selling prices per unit and reduced promotional activity, indicating resilient merchandise margins despite the tariff environment.UBS raised its price target to $185 from $153 and maintained its buy rating.Price: $148.17, Change: $+0.42, Percent Change: +0.28%

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Research

Citigroup Downgrades Abercrombie & Fitch to Neutral From Buy

Abercrombie & Fitch Co (ANF) has an average rating of overweight and mean price target of $121.70, according to analysts polled by FactSet.

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Update: Equities Fall as Traders Assess Inflation Data
US Markets

Update: Equities Fall as Traders Assess Inflation Data

(Updates with market moves at the end of the day, and other changes, if any.)US stocks declined on Wednesday after a report showed the Federal Reserve's preferred inflation metric held steady well above its 2% target.The Dow Jones Industrial Average fell 0.2% to 53,463.88 following a three-day advance. The Nasdaq Composite edged down 0.1% to 26,130.20, while the S&P 500 settled just below the flatline at 7,675.70.Among sectors, healthcare saw the steepest decline, while industrials paced the gainers.The Fed's preferred inflation measure, which excludes food and energy, held steady at 3.3% year over year in July, as projected. The monthly metric climbed 0.2%."As long as the month-on-month rate continues to come in close to 0.2%, the annual rate of inflation will converge on 2% over time, but the question is how much more patience the Fed actually has," ING Bank said in a report. "Markets continue to price a (25 basis point) rate hike before year-end while economists, in general, still favor an extended pause for policy rates."Markets are currently pricing in a 64% probability that the Fed will keep its benchmark lending rate steady next month, with the remaining odds in favor of a 25-basis-point increase, according to the CME FedWatch tool.US Treasury yields were mostly higher, with the 10-year yield up one basis point at 4.65% and the two-year yield rising 0.9 basis point to 4.21%.In other economic news, US durable goods orders rose more than projected in July, led by strong demand for civilian aircraft, official data showed.Nvidia shares fell 1.6% after advancing by 2.2% in the previous session. The chipmaking giant released its fiscal second-quarter results after Wednesday's closing bell.In other company news, Intuit (INTU) shares fell 3.2%, among the notable declines on the S&P 500, after the tax and finance software maker overnight issued a soft fiscal 2027 outlook.Zoom Communications (ZM) shares slumped 7% as the video communication platform late Tuesday provided a downbeat earnings outlook for its fiscal third quarter following a second-quarter beat.Abercrombie & Fitch (ANF) shares surged about 36% after the apparel retailer raised its full-year outlook as tariff-related refund benefits helped the company post fiscal second-quarter results above Wall Street's estimates.West Texas Intermediate crude oil was down 0.6% at $81.90 a barrel in Wednesday late-afternoon trade, while Brent fell 1.3% to $87.43.Spot gold fell 1.4% to $4,594.49 per troy ounce, while silver lost 0.8% to $68.89 per ounce.

Dow JonesNasdaq CompositeS&P 500$ANF$INTU$NVDA$ZM
Sectors

Sector Update: Consumer Stocks Softer Late Afternoon

Consumer stocks were lower late Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) fractionally lower and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.6%.In corporate news, Nike (NKE) shares fell 2.2% after Truist downgraded the company to hold from buy while cutting its price target to $42 from $47.Bath & Body Works (BBWI) shares jumped past 7% after it raised its full-year earnings outlook following a fiscal Q2 beat amid tariff refund tailwinds.Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefits helped the apparel retailer post fiscal Q2 results above Wall Street's estimates. Abercrombie shares surged 38%.J.M. Smucker (SJM) lifted its full-year outlook on Wednesday as the food producer reported stronger-than-expected fiscal Q1 results, with earnings getting a boost from tariff refunds. Its shares gained 5.6%.Kraft Heinz (KHC) said Wednesday that it will transfer the listing of its stock to the New York Stock Exchange. The company said the shares are expected to begin trading on the NYSE on Sept. 14 under its existing ticker symbol KHC. Kraft Heinz shares were down 1.9%.

$ANF$BBWI$KHC$NKE$SJM
Wire

Top Midday Gainers

Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefits helped the apparel retailer post Q2 results above market estimates.Shares surged 31% as intraday trading volume catapulted to over 12.2 million from a daily average of roughly 1.2 million.Cre8 Enterprise (CRE), a Hong Kong-based financial printing service provider, said the number of customers it served and its project backlog each reached record levels as of June 30, driven largely by a surge in regional capital markets activity.Shares soared 148% as intraday trading volume shot up to over 60.0 million shares from a daily average of about 890,000.YY Group (YYGH) shares rose 66% after the firm said overnight it eliminated $5.94 million second tranche of a convertible note offering and canceled all outstanding warrants.Intraday trading volume soared to more than 76.5 million from a daily average of about 2.1 million.Price: $142.78, Change: $+33.88, Percent Change: +31.11%

$ANF$CRE$YYGH
Update: Equities Fall Intraday After Inflation Report; Nvidia Earnings On Deck
US Markets

Update: Equities Fall Intraday After Inflation Report; Nvidia Earnings On Deck

(Updates with latest market prices and developments.)US benchmark equity indexes drifted lower intraday as traders parsed the latest inflation data while awaiting technology bellwether Nvidia's (NVDA) financial results.The Nasdaq Composite and the Dow Jones Industrial Average were down 0.2% each at 26,093.1 and 53,460.6, respectively, after midday Wednesday. The S&P 500 edged down 0.1% to 7,671.6. The three indexes finished Tuesday trading higher, with the Dow rising for a third consecutive session.Among sectors, consumer discretionary and healthcare saw the steepest declines intraday Wednesday, while industrials paced the gainers.US inflation accelerated sequentially in July, keeping the Federal Reserve's preferred gauge for price increases well above its 2% target, while consumer spending growth eased, official data showed.US Treasury yields were mostly higher intraday, with the 10-year yield up 2.5 basis points at 4.66% and the two-year yield rising 2.2 basis points to 4.23%.Markets are currently pricing in a 60% probability that the Fed will keep its benchmark lending rate steady next month, with the remaining odds in favor of a 25-basis-point increase, according to the CME FedWatch tool.Nvidia shares were down 1.3% intraday, following a 2.2% increase in the previous session. The chipmaking giant is scheduled to report its fiscal second-quarter results after the closing bell Wednesday. The current consensus on FactSet is for non-GAAP earnings of $2.09 a share on revenue of $92.27 billion.In a recent note to clients, Morgan Stanley said Nvidia is expected to post strong second-quarter results, though investors are likely to focus more on its longer-term growth drivers.CrowdStrike (CRWD), Salesforce (CRM), Synopsys (SNPS), HP (HPQ) and Urban Outfitters (URBN) are also scheduled to report results in the after-hours, along with others.In other company news, Intuit (INTU) shares fell 3.5% intraday, among the worst performers on the S&P 500, after the tax and finance software maker overnight issued a soft fiscal 2027 outlook.Zoom Communications (ZM) shares slumped 6.4% as the video communication platform late Tuesday provided a downbeat earnings outlook for its fiscal third quarter following a second-quarter beat.Abercrombie & Fitch (ANF) shares surged 31% intraday Wednesday after the apparel retailer raised its full-year outlook as tariff-related refund benefits helped the company post fiscal second-quarter results above Wall Street's estimates.West Texas Intermediate crude oil was up 0.6% at $82.81 a barrel, while Brent advanced 0.3% to $88.80.The Iranian military said it reached a revenue-sharing deal with Oman on the Strait of Hormuz, the world's most important chokepoint for crude flows, Bloomberg News reported.Spot gold fell 1.4% to $4,593.34 per troy ounce, while silver lost 1.1% to $68.73 per ounce.

Dow JonesNasdaq CompositeS&P 500$ANF$CRM$CRWD$HPQ$INTU$NVDA$SNPS$URBN$ZM
Sectors

Sector Update: Consumer Stocks Decline in Afternoon Trading

Consumer stocks were lower Wednesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) decreasing 0.2% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) shedding 0.7%.In corporate news, Kraft Heinz (KHC) said Wednesday that it will transfer the listing of its stock to the New York Stock Exchange. The company said the shares are expected to begin trading on the NYSE on Sept. 14 under its existing ticker symbol KHC. Kraft Heinz shares were down 3.3%.Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefits helped the apparel retailer post fiscal Q2 results above Wall Street's estimates. Abercrombie shares surged 31%.J.M. Smucker (SJM) lifted its full-year outlook on Wednesday as the food producer reported stronger-than-expected fiscal Q1 results, with earnings getting a boost from tariff refunds. Its shares gained 4.1%.

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Abercrombie & Fitch Lifts Full-Year Outlook as Fiscal Second-Quarter Results Top Views
Wire

Abercrombie & Fitch Lifts Full-Year Outlook as Fiscal Second-Quarter Results Top Views

Abercrombie & Fitch (ANF) raised its full-year outlook on Wednesday as tariff-related refund benefits helped the apparel retailer post fiscal second-quarter results above Wall Street's estimates.The company now anticipates adjusted earnings to be in a range of $13.10 to $13.60 per share for fiscal 2026, up from its prior guidance of $10.20 to $11. Sales are pegged to grow by around 5%, reflecting the higher end of the retailer's previously issued forecast. The current consensus on FactSet is for non-GAAP EPS of $10.72 and for sales to increase by 3.5%.Shares of Abercrombie & Fitch spiked 36% in Wednesday trade, taking its year-to-date gain to 16%.The retailer received $100 million in refunds in the second quarter related to the International Emergency Economic Powers Act tariffs and expects the benefit to have a favorable impact of about 220 basis points on its operating margin for the fiscal year, Chief Financial Officer Robert Ball said during an earnings call, according to a FactSet transcript. The metric is projected to be in between 14.5% and 15%, up from prior expectations of 12% to 12.5%."Our first half execution and strong start to August support a higher full-year sales expectation and an increase to our operating margin and EPS outlook," Ball said on the call.Earlier this year, the US Supreme Court ruled that the Trump administration lacked authority under the IEEPA to impose certain tariffs, paving the way for refunds to companies that had paid the duties.Abercrombie & Fitch's adjusted EPS jumped to $4.17 for the quarter ended Aug. 1 from $2.32 the year before, well above the Street's view for $1.99. Tariff-related refunds were a benefit of $1.75 to the bottom line. Sales improved 5% to $1.27 billion, topping the average analyst estimate of $1.25 billion."Growth was balanced across our brands and regions, highlighted by accelerating momentum in the Americas and improving trends in (Europe, the Middle East and Africa)," the retailer's chief executive, Fran Horowitz, said in the earnings release. "Both brands achieved record second quarter net sales."Revenue for the Abercrombie brand grew 8% for the quarter, while Hollister's sales inclined 2%. Revenue advanced across all regions, led by a 19% jump in Asia Pacific.In a note emailed Tuesday, UBS Securities said it expected Abercrombie & Fitch to post better-than-expected quarterly results, but with limited upside as the market would have already priced in a similar outcome.For the ongoing three-month period, the retailer anticipates per-share net income to be in a range of $2.90 to $3.20, with sales rising by 5% to 6%. The Street is looking for EPS of $2.82 and sales growth of 4.3%.Abercrombie & Fitch is expecting $20 million in tariff-related refunds in the third quarter, boosting its EPS by $0.35 and operating margin by about 160 basis points, Ball told analysts on the call.Urban Outfitters (URBN) is scheduled to release its latest financial results after the markets close Wednesday, while Gap (GAP) posts its earnings on Thursday. American Eagle Outfitters (AEO) is slated to announce its results next month.Price: $144.52, Change: $+35.62, Percent Change: +32.70%

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Sectors

Sector Update: Consumer Stocks Mixed Premarket Wednesday

Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% lower.Abercrombie & Fitch (ANF) shares were up more than 12% after the company posted higher fiscal Q2 adjusted net income and net sales, and raised its 2026 outlook.JM Smucker (SJM) stock was up more than 4% after the company reported higher fiscal Q1 adjusted earnings and revenue, and lifted its fiscal 2027 guidance.Kohl's (KSS) shares were down more than 4% after the company posted a decline in fiscal Q2 net sales.

$ANF$KSS$SJM$XLP$XLY
Sectors

Sector Update: Consumer

Consumer stocks were mixed premarket Wednesday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.2% lower.Abercrombie & Fitch (ANF) shares were up more than 11% after the company posted higher fiscal Q2 adjusted net income and net sales, and raised its 2026 outlook.

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Equity Futures Mixed Pre-Bell Ahead of Key Inflation Report, Nvidia Earnings
US Markets

Equity Futures Mixed Pre-Bell Ahead of Key Inflation Report, Nvidia Earnings

The main US equity measures were mixed in premarket activity Wednesday as traders await a key inflation report and the latest financial results of tech bellwether Nvidia (NVDA).The Nasdaq was down 0.1%, the Dow Jones Industrial Average was up 0.1%, while the S&P 500 was little changed before the opening bell. The three indexes finished Tuesday trading higher, with the Dow rising for a third consecutive session.The personal income and outlays report for July is scheduled to be released at 8:30 am ET. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric, as well as data on consumer spending.Data are expected to show that core PCE -- which excludes food and energy prices -- increased 0.2% sequentially and 3.3% annually, according to a Bloomberg-compiled consensus.Treasury yields were mixed in premarket action, with the two-year rate retreating one basis point to 4.2% and the 10-year rate little changed at 4.64%.On Tuesday, Boston Fed President Susan Collins said the Fed may have to raise interest rates soon, unless inflation continues to cool.Markets are currently pricing in a 64% probability that the central bank will keep its benchmark rate steady next month, with the remaining odds in favor of a 25-basis-point hike, according to the CME FedWatch tool.The second estimate report of the US second-quarter gross domestic product is also out at 8:30 am, along with the durable goods orders report for last month. Wednesday's economic calendar also has the weekly mortgage applications bulletin and weekly EIA domestic petroleum inventories report.Richmond Fed President Thomas Barkin is slated to speak at 11:45 am.Nvidia shares were up 0.4% pre-bell, following a 2.2% increase Tuesday. The chipmaking giant is scheduled to report its fiscal second-quarter results after the markets close Wednesday. The current consensus on FactSet is for non-GAAP earnings of $2.09 a share on revenue of $92.27 billion.In a recent note to clients, Morgan Stanley said Nvidia is expected to post strong second-quarter results, though investors are likely to focus more on its longer-term growth drivers.CrowdStrike (CRWD), Salesforce (CRM), Synopsys (SNPS), HP (HPQ) and Urban Outfitters (URBN) are also scheduled to report results in the after hours, while Williams-Sonoma (WSM), J.M. Smucker (SJM), Abercrombie & Fitch (ANF), Bath & Body Works (BBWI) and Kohl's (KSS) post before the bell, among others.West Texas Intermediate crude oil dropped 2.7% to $80.18 a barrel before the open, while Brent fell 3% to $85.97.The foreign ministers of Iran and Oman discussed a proposed framework Tuesday to establish "a joint temporary navigational corridor" through the Strait of Hormuz and implement a joint project to clear the crucial waterway of mines, news outlets reported. The two countries also reportedly agreed to continue technical talks for the future administration of the strait.Intuit (INTU) shares were down 9.8% pre-bell Wednesday after the tax and finance software maker overnight issued a soft fiscal 2027 outlook.Zoom Communications (ZM) fell 6.9% in premarket activity as the video communication platform late Tuesday provided a downbeat earnings outlook for its fiscal third quarter following a second-quarter beat.Gold fell 0.3% to $4,679 per troy ounce, while bitcoin dropped 0.7% to $78,340.

Dow JonesNasdaq CompositeS&P 500$ANF$BBWI$CRM$CRWD$HPQ$INTU$KSS$NVDA$SJM$SNPS$URBN$WSM$ZM
Wire

Abercrombie & Fitch Likely to Post Q2 Earnings Beat, UBS Says

Abercrombie & Fitch (ANF) is likely to post a Q2 earnings beat on better-than-expected sales, but upside over the results is limited as the market has already priced in a similar outcome, UBS said in a Monday research note.The company is set to report Q2 results on Wednesday.The company's brands have bolstered their position in specialty retail and can deliver robust growth beyond 2026, according to the note.The brokerage said it expects EPS to grow at a 12% compound annual growth rate over five years. The 2026 guidance implies more robust growth in H2 despite EMEA headwinds, analysts wrote.The brokerage said it reiterated its buy rating on the stock and price target of $153 per share.Price: $109.93, Change: $-2.44, Percent Change: -2.17%

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Research

Raymond James Downgrades Abercrombie & Fitch to Market Perform From Outperform

Abercrombie & Fitch (ANF) has an average rating of overweight and mean price target of $121.70, according to analysts polled by FactSet.

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Insider Trading

Abercrombie & Fitch Insider Sold Shares Worth $1,150,000, According to a Recent SEC Filing

Scott D. Lipesky, Executive Vice President and COO, on August 10, 2026, sold 10,000 shares in Abercrombie & Fitch (ANF) for $1,150,000. Following the Form 4 filing with the SEC, Lipesky has control over a total of 152,534 Class A common shares of the company, with 152,534 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1018840/000122520826007063/xslF345X05/doc4.xml

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Research

Barclays Upgrades Abercrombie & Fitch to Equalweight From Underweight, Adjusts PT to $114 From $78

Abercrombie & Fitch (ANF) has an average rating of overweight and mean price target of $112.36, according to analysts polled by FactSet.

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Sectors

Sector Update: Consumer Stocks Advance Late Afternoon

Consumer stocks were higher late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.5% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) adding 0.1%.Redbook US same-store sales rose by 8.7% from a year earlier in the week ended Aug. 1 after an 8.3% year-over-year increase in the previous week. "Shoppers took advantage of the annual sales tax holidays for school supplies and clothing in Arkansas, New Mexico, Tennessee, and West Virginia," Redbook said.In corporate news, McDonald's (MCD) Q2 revenue fell short of market expectations on Tuesday as comparable sales growth in the US slowed on a yearly basis amid a challenging consumer environment. Its shares were still up 1.2%.Nike (NKE) shares fell 2.3% after JPMorgan downgraded the stock to underweight from neutral, and cut the price target to $40 from $47.Spotify (SPOT) issued a stronger-than-expected Q3 revenue outlook, even though it said certain free-tier limitations in emerging markets could impact active users. Its shares were down 1.1%.Abercrombie & Fitch (ANF) is considering options for its China business, including finding local partners to help grow the business, Bloomberg reported. The company is working with an adviser to review its Chinese assets, and it may sell a stake in the unit, which could be valued at several hundred million dollars, the report said. Abercrombie shares rose 1.1%.

$ANF$MCD$NKE$SPOT
Sectors

Sector Update: Consumer Stocks Rise in Afternoon Trading

Consumer stocks were higher Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) each adding 0.2%.Redbook US same-store sales rose by 8.7% from a year earlier in the week ended Aug. 1 after an 8.3% year-over-year increase in the previous week. "Shoppers took advantage of the annual sales tax holidays for school supplies and clothing in Arkansas, New Mexico, Tennessee, and West Virginia," Redbook said.In corporate news, McDonald's (MCD) Q2 revenue fell short of market expectations on Tuesday as comparable sales growth in the US slowed on a yearly basis amid a challenging consumer environment. Its shares were still up 1.1%.Spotify (SPOT) issued a stronger-than-expected Q3 revenue outlook, even though it said certain free-tier limitations in emerging markets could impact active users. Its shares were down 0.7%.Abercrombie & Fitch (ANF) is considering options for its China business, including finding local partners to help grow the business, Bloomberg reported. The company is working with an adviser to review its Chinese assets, and it may sell a stake in the unit, which could be valued at several hundred million dollars, the report said. Abercrombie shares rose 0.5%.

$ANF$MCD$SPOT

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