In the closing of the recent trading day, Abercrombie & Fitch (ANF) stood at $73.61, denoting a +0.85% change from the preceding trading day.
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.
Abercrombie (ANF) reported earnings 30 days ago. What's next for the stock?
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.
Abercrombie (ANF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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 growth potential, supported by a robust balance sheet with zero debt.
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, thanks to the rich Free Cash Flow generation and healthier balance sheet.
Many consumer-facing stocks – e.l.f. Beauty ELF, Abercrombie & Fitch ANF, and NIKE NKE – have faced pressure over recent weeks, with economic developments and tariff talks causing considerable selling pressure.
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.
Abercrombie (ANF) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
After ANF hits a 52-week low, we assess whether the current level warrants an opportunity to accumulate shares, hold positions or book profits.
ANF posts solid fourth-quarter fiscal 2024 results on gains from brand strength. It provides an outlook for the first quarter and fiscal 2025.