Abercrombie & Fitch Co. Class A Stock News

Abercrombie House retail experience in New Orleans features Super Bowl LIX merchandise and NFL stars Abercrombie House retail experience in New Orleans features Super Bowl LIX merchandise and NFL stars

Abercrombie & Fitch's Q3 FY24 earnings showed 14% YoY revenue growth and 29% YoY operating income growth, beating estimates and raising FY24 guidance. Despite forward revenue projections indicating a slowdown, the company's international expansion, product innovation, and digital strategy could drive outperformance. Potential risks include higher tariffs and rising yields, but strong fundamenta...

In this podcast, Motley Fool analyst Nick Sciple and host Dylan Lewis discuss:

Abercrombie & Fitch (ANF) was a retail success story back in 2023, but has traded sideways since a May 29 record high of $196.99. The bottom fell out earlier this week when the company reported fiscal-year guidance that fell short of expectations — a figure that overshadowed robust holiday sales and demand.

Abercrombie has been one retail stock that has outperformed broader markets, with the stock gaining about 40% in the last year. Operating results that includes double-digit sales growth and strong margin expansion has justified the stock's performance in recent periods. The retailer recently boosted guidance, after having already provided positive revisions during the last earnings release.

Apparel retailers Abercrombie & Fitch Co (NYSE:ANF), Lululemon Athletica Inc  (NASDAQ:LULU), and Macy's Inc (NYSE:M) each provided guidance updates today.

Apparel retailer Abercrombie & Fitch lifted its end-of-year outlook today. Its shares are falling anyway.

Abercrombie & Fitch (NYSE: ANF) announced on Monday that it achieved a record holiday season, surpassing its prior forecasts for sales growth, however, the data was not enough to satisfy investors, and the stock was down by 9.3% in pre-market trading.