Aug 26, 2026 · 6 min
Retailers raise outlooks as Intuit lowers expectations
Intuit Lower; Abercrombie & Fitch and JM Smucker Outlooks
The episode pairs a sharp read on divergent earnings guidance with a preview of how cities are planning for rapid growth and infrastructure pressure.
- 1Abercrombie & Fitch and JM Smucker rose after strong results and raised outlooks.
- 2Intuit shares fell after weaker-than-expected full-year revenue and adjusted earnings guidance.
- 3A smart-cities discussion examines AI, long-term planning, and Dubai’s response to population growth.
Don't miss
Intuit’s weaker-than-expected full-year revenue and adjusted earnings guidance provides the clearest contrast with the upbeat outlooks from Abercrombie & Fitch and JM Smucker.
The brief
Abercrombie & Fitch and JM Smucker delivered strong results and raised their outlooks, sending their shares higher as investors rewarded better expectations.
Intuit moved the other way after issuing weaker-than-expected full-year revenue and adjusted earnings guidance, putting growth concerns at the center of its stock reaction.
The episode then widens from company forecasts to city forecasts: rapid urbanization is forcing planners to rethink infrastructure, innovation, and long-term growth.
Jacob Greaves hosts a smart-cities discussion with Rohit Krishnan and Estefanía Tapias on how AI and urban planning could help cities absorb population growth.
Dubai becomes a case study in the discussion, illustrating how long-term urban planning can respond to rapid population growth and evolving infrastructure demands.
What was said on this episode
6 statements · 4 positive · 2 negative
Hollister is gaining traction among younger consumers.
“It also owns Hollister, which is very popular with the younger. generations. That's gaining some traction.”
Listen at 1:14
Abercrombie brand sales rose 8%, with same-store sales up 4%.
“It rose 8% year on year in the latest quarter. Same store sales up 4%.”
Listen at 1:31
Intuit’s growth slowdown is partly due to efforts to attract TurboTax customers.
“Slow down due in part to intentional moves by the company to woo new TurboTax customers, including a potential free offering.”
Listen at 2:13
Investors are concerned AI could affect Intuit’s business.
“investors are worried about the impact of AI.”
Listen at 2:24
JM Smucker shares rose 3.6% and 28% year-to-date.
“JM Smucker, a little jam for you this morning. Up 3.6%, ticker symbol SJM. It is up 28% year-to-date.”
Listen at 3:06
JM Smucker coffee sales rose 13% last quarter.
“Sales rising 13% last quarter.”
Listen at 3:36
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Abercrombie & Fitch
Intuit Inc.
TurboTaxBooks & mentions
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