Abercrombie & Fitch Co. Class A Stock News

Groupe Dynamite: A Rising Star In Canadian Fast Fashion

ANF continues to report robust comparable sales growth in FQ3'24 while raising their FY2024 guidance for the third consecutive time - signaling its high growth cadence. The same has been observed in its expanding operating margins and triple-digit EPS growth, which directly triggered the raised consensus forward estimates. ANF's sideways trading has also triggered its increasingly cheap valuati...

Abercrombie & Fitch has seen a strong rally in 2024, consolidating gains recently, but I believe it has further upside into 2025, rating it a Strong Buy. The stock shows a bullish long-term setup, with a key support level at $130-$135; seasonality in January also supports potential upside. Margins have driven recent earnings growth, with significant improvements in gross and operating margins; ...

Agreement supports long-term opportunity for global, omnichannel growth for the Abercrombie & Fitch and Hollister brands Agreement supports long-term opportunity for global, omnichannel growth for the Abercrombie & Fitch and Hollister brands

Abercrombie & Fitch's Q3 results exceeded expectations with 14.4% YoY revenue growth and a 6.4% EPS beat, leading to raised full-year guidance. ANF's strong financials, strategic focus on digital innovation, omnichannel strategies, and localized marketing have driven broad-based growth across brands and regions, displaying its quality playbook. Risks include cautious consumer confidence, cyclic...

Retailers' earnings reports over the past two weeks have illustrated a sharp divide between brands that are winning sales and those that are missing out. Target, Kohl's and Best Buy each reported disappointing results, but Walmart, Dick's Sporting Goods and Abercrombie & Fitch posted strong sales in their most recent quarters.

Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, fell around 5% on Tuesday, 26th November, as compared to a 0.6% increase in the S&P 500 index. In comparison, ANF's peer American Eagle Outfitters (NYSE: AEO) has seen its stock down 4% to around $18 on the same day.

A recent Goldman Sachs survey suggests consumers will likely spend more on holiday shopping this year compared to 2023. But not all retailers are built the same.