Consumer Companies Warn of Sales Headwinds, Delays From Iran War

Less than a week into the Iran war, consumer companies are already beginning to predict an impact on their business.

Abercrombie & Fitch Co., which has sourcing operations in the Middle East, is anticipating a “slight sales headwind” from the widening conflict, Chief Financial Officer Robert Ball said on the company’s earnings call Wednesday. The New Albany, Ohio-based company has several stores in the region, including in Kuwait and the United Arab Emirates.

President Donald Trump’s policies have roiled retailers over the past year. Tariffs forced many companies to raise prices and slash spending, while increasingly budget-conscious consumers ...