Abercrombie's Upside-Down Day: Tariffs, Trousers, and Teddy!

Oh Dear Tariffs!

Right so Abercrombie... sounds a bit like a grumpy bear doesn't it? Apparently these tariffs – nasty things like when Mrs. Wicket tries to charge me extra for heating – are causing a bit of a kerfuffle! They're expecting to lose a whopping $50 million! That's a lot of jellybeans! Makes you wonder if they've tried hiding the money under the floorboards like I do with my emergency biscuit stash.

Numbers Go Up Numbers Go Down

Now the clever chaps with the calculators thought Abercrombie would make between $10.40 and $11.40 but now they're saying it'll be closer to $9.50 and $10.50. It's like when I try to measure my curtains – always a bit off isn't it? But then they got excited and said sales would go up a bit more. It's all very confusing a bit like trying to understand why Teddy prefers the biscuit I've already nibbled.

A Most Unexpected Jump!

But here's the thing right? Even though all these problems their shares did a great big jump of 25%! A jump so high it would make even me think before trying to put my pants on while running! It's like when I accidentally glued myself to the sofa and Mrs. Wicket still laughed. Sometimes the world just doesn't make sense. "It's all in the mind," as I always say especially when I'm blaming Teddy for eating my sandwich.

Wall Street Wonders

Apparently they beat these Wall Street expectations sounds painful! They earned $1.59 a share when everyone thought they'd only manage $1.39. It's like when I bake a cake and it actually turns out edible! A rare and wonderful surprise. And they sold $1.10 billion worth of things! That's a lot of brown trousers if you ask me.

The Hollister Hootenanny!

The fancy CEO person Fran said it was all very good and better than expected. Especially these "Hollister brands" whatever they are did very well. They grew by 22%! Makes you wonder if they're selling extra strong glue for sticking yourself to sofas. The other ones "Abercrombie brands" didn't do as well but that’s alright they were doing good last year. “Consider yourself at home” as I always say to guests who manage to make it through my front door without tripping!

Time for Tea and a Think

So there you have it. Abercrombie's shares jumped like they'd sat on a spring even though they're expecting less money and these silly tariffs are causing trouble. I think I need a cup of tea and a think. Maybe I should invest in trousers. Or perhaps just more glue. "I'm Mr. Bean," after all and sometimes chaos just follows me around.