President-elect Donald Trump's proposed tariffs on imported goods have raised concerns in the market, particularly for consumer goods companies. Wolfe Research identifies several retailers and manufacturers that could be significantly impacted by tariffs, highlighting the potential for price increases and slowing growth.
President-elect Donald Trump 's tariff plans threaten the outlook for several consumer goods stocks, including a slew of popular apparel and home goods retailers, according to Wolfe Research. Trump's tariff plans have added to the uncertain sentiment weighing on markets in recent weeks. And the levies could potentially make the Federal Reserve's job harder this year, as tariffs risk reigniting inflation if the fees are passed on to consumers as higher prices.
Abercrombie, which also owns the Hollister and Gilly Hicks brands, was hit especially hard this week as Wall Street questions if its rapid growth is nearing an end. Abercrombie expects full-year sales to rise 15%, which is the top of its forecast range. However, holiday quarter sales will be up 7% to 8%. That is higher than its prior 5% to 7% estimate, but the pace is far below last year's holiday sales growth of 21%. ANF 1Y mountain Abercrombie & Fitch stock performance.
TARIFFS ECONOMY CONSUMER GOODS RETAIL INVESTORS
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