Here is how Abercrombie & Fitch (ANF) and Stitch Fix (SFIX) have performed compared to their sector so far this year.
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.
Abercrombie & Fitch Co. (NYSE:ANF ) Q3 2024 Results Conference Call November 26, 2024 8:30 AM ET Company Participants Mohit Gupta - Investor Relations Fran Horowitz - Chief Executive Officer Scott Lipesky - Chief Operating Officer Robert Ball - Upcoming Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Advisory Group Corey Tarlowe - Jefferies Matthew Boss - JPMorgan Paul Lejuez - Citi Marni Shapiro - The Retail Tracker Katy Delahunt - Morgan Stanley Mauricio Serna - UBS Rick Patel - Raymond James Janet Kloppenburg - JJK Research Associates Dylan Carden - William Blair Operator Good day, and thank you for standing by. Welcome to the Abercrombie & Fitch Third Quarter Fiscal Year 2024 Earnings Call.
Fran Horowitz, Abercrombie & Fitch Co. CEO, joins 'Money Movers' to discuss the company's q3 earnings, weather impact on retail sector and tariffs.
Pre-market futures are mixed, with the Dow and the small-cap Russell 2000 -- both coming off record closing highs yesterday -- trading lower.
While the top- and bottom-line numbers for Abercrombie (ANF) give a sense of how the business performed in the quarter ended October 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Abercrombie & Fitch (ANF) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $1.83 per share a year ago.
Abercrombie & Fitch Co.'s stock fell 1.6% in premarket trading on Tuesday despite its better-than-expected third-quarter revenue and profit.
Abercrombie & Fitch lifted its annual sales forecast on Tuesday, betting on strong demand at its namesake label and its teen-focused Hollister brand.
Abercrombie & Fitch raised its full-year guidance and said it is expecting a strong holiday shopping season. The apparel company, which also runs Hollister, had struck a cautious tone earlier this year, but now expects to end its fiscal year on a high note.
It's both 'Black Friday' and earnings week for Abercrombie & Fitch (NYSE:ANF).
Abercrombie & Fitch (ANF) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, ANF broke out above the 50-day moving average, suggesting a short-term bullish trend.