Abercrombie & Fitch Co. Class A Stock News

Abercrombie & Fitch's former chief executive is not fit to stand trial on sex trafficking charges as he is suffering from dementia, both prosecutors and his lawyers have said.

Shares of several apparel retailers, such as Deckers Outdoor (DECK 5.19%), Gap (GAP 7.20%), and Abercrombie & Fitch (ANF 4.38%), rallied big on Friday, up 4.3%, 6.3%, and 3%, respectively, as of 2:37 p.m. ET, even as the broader markets plunged for the second day in a row.

Abercrombie & Fitch (NYSE:ANF) shares moved higher on Friday, with investors backing the retailer amid broader concerns about consumer spending and the tariff impacts. The company recently announced a $1.3 billion share repurchase program and is trading at a relatively low valuation compared to historical levels and its peers, making it attractive to investors.

I maintain a hold rating on Abercrombie & Fitch due to strong fundamentals but near-term uncertainties, including weak 1Q25 guidance and macroeconomic concerns. 4Q24 results were impressive with 9.1% revenue growth and solid performance from Hollister, but Abercrombie's SSSG turned negative in early 1Q25. ANF's international expansion and focus on premium lifestyle consumers offer long-term gro...

ANF's sell off is partly attributed to the intensified tariff war and potential recessionary risks, with it likely impacting its near-term top/ bottom-line performance. This is worsened by the management's underwhelming FY2025 guidance, with the robust growth observed in FY2024 triggering a tougher YoY comparison. Despite so, ANF remains well positioned to weather the near-term uncertainties, t...

Last week, InvestorPlace Senior Analyst Louis Navellier decided to sell GigaCloud Technology Inc. ( GCT ) from his Accelerated Profits portfolio.  At first glance, the move seems surprising – like watching a chef throw out a perfectly cooked steak.

Shares of apparel retailer Abercrombie & Fitch (ANF -12.08%) plunged on Wednesday after it reported financial results for the fourth quarter of 2024. As of noon ET, Abercrombie stock was down 14% for the day and down nearly 60% from its 52-week high.

Abercrombie & Fitch (ANF) shares sank 12% Wednesday after the apparel retailer's current-quarter profit and full-year sales forecasts disappointed investors.