Fashion retailer Abercrombie & Fitch NYSE: ANF posted better-than-expected earnings for its Q2 season, which ended August 3, 2024. While CEO Fran Horowitz-Bonadies expressed hesitancy about the company’s “uncertain” position, its success realigning its offerings with consumer demands post-pandemic has left investors expecting more for the holiday season. Get Abercrombie & Fitch alerts:A&F: Earnings by NumbersAbercrombie & Fitch TodayANFAbercrombie & Fitch$140.81 +2.50 (+1.81%) 52-Week Range$49.24▼$196.99P/E ...

jetcityimage Abercrombie's Moment Of Reckoning Abercrombie & Fitch Co. (NYSE:ANF) investors received a moment of reckoning yesterday (August 28) as the leading retailer reported earnings. Abercrombie's Q2 earnings release indicated a mixed scorecard. Although comps sales growth was robust, its gross margins failed to meet Wall Street's estimates. As a result, it led to a battering in ANF stock yesterday as the market reassessed its growth algorithm. After ANF's significant market outperformance over the ...

jetcityimage Abercrombie & Fitch's (NYSE:ANF) 2Q24 results were really good, yet the market dropped the price by 17%, signaling lofty expectations can thump on good company development. The results do not provide a lot of information about the future, given ANF management's discrete approach to earning calls, and conservative guidance. However, the stock is down 30% since my last article, and I believe this merits a revision of the thesis. Today, the market values ANF at a multiple of 13x or, conversely ...

Abercrombie's share price slumped this week despite another strong quarter. (AP Photo/Bebeto ... [+] Matthews, File)Copyright 2017 The Associated Press. All rights reserved. Spare a thought for fashion group Abercrombie & Fitch, which saw its shares plunge Wednesday after the apparel retailer’s CEO raised concerns about the wider retail market against a challenging economic backdrop.Lest we forget, time was when Abercrombie’s stock value didn't need any help in losing ground, scraping along the bottom as th ...

tupungato August 28th was not a very pleasant day for shareholders of clothing company Abercrombie & Fitch (NYSE:ANF). Shares closed down 17% after management announced financial results covering the second quarter of the company's 2024 fiscal year. At first glance, this is surprising. I say this because management reported revenue and earnings per share that came in above what analysts anticipated. However, the market has gotten overly picky with this name, punishing the stock because margins did not c ...

anouchka Abercrombie & Fitch Co. (NYSE:ANF) reported the company's fiscal Q2 results on the 28th of August in pre-market hours. Despite top-of-the-line results that exceeded Wall Street's estimates, the stock has crashed -17% to the results. In my previous article on the stock, I initiated the stock at a Sell rating as the impressive Abercrombie & Fitch brand turnaround was overshadowed by a too tight valuation, especially considering the possible shift in fashion trends that acts as a major risk to the lon ...

文章核心观点 - 公司CEO警告未来经营环境"日益不确定" [1][2][3] - 公司二季度收入超预期,但投资者预期公司业绩会有更大幅度增长 [2] - 公司毛利率下降可能是由于通胀上升和运输成本增加 [5][6] 公司业绩 - 公司二季度收入同比增长21%,创下了过去一年的强劲反弹 [7][8] - 公司二季度每股收益为2.50美元,超出分析师预期的2.22美元 [13] - 公司二季度同店销售增长18% [13] - 公司预计第三季度销售增长将达到低个位数的两位数 [14] - 公司全年销售增长预期从10%上调至12%-13% [15] 品牌战略 - 公司成功重塑品牌形象,从面向青少年的时尚服饰转向面向中老年人的日常服饰 [10][11] - 公司加大数字化销售渠道,减少实体店 [12] - 公司希望复制Abercrombie品牌的成功经验,重塑Hollister品牌形象 [17][18] - 公司计划扩大Abercrombie Kids品牌,涵盖婴幼儿产品线 [21]

Key TakeawaysAbercrombie & Fitch CEO Fran Horowitz said the clothing retailer continues to operate in "an increasingly uncertain environment."The company beat profit and sales estimates for the second quarter and raised its full-year revenue outlook.Abercrombie shares were down 17% in early-afternoon trading Wednesday. Abercrombie & Fitch (ANF) shares plunged Wednesday after the clothing retailer’s chief executive officer raised concerns about the economy affecting the retail market. CEO Fran Horowitz said ...

Abercrombie & Fitch Co. (ANF) has posted strong second-quarter fiscal 2024 results, with sales and earnings surpassing the Zacks Consensus Estimate and showing year-over-year improvement. This marks the sixth consecutive quarter in which Abercrombie has outperformed top and bottom-line estimates.The strong performance was fueled by substantial growth across regions and brands, especially in the Americas and the Abercrombie brand. The company’s earnings were supported by robust revenue growth, and enhanced g ...

The retailer's fiscal Q2 report had good news for investors -- and some bad news, too.A funny thing happened on the way to the Abercrombie & Fitch (ANF -15.18%) earnings report Wednesday morning. (And to be clear, I mean funny strange -- not funny ha-ha).Reporting on its financial performance for its fiscal Q2, which ended Aug. 3, the teen-centric clothier easily met analysts' consensus forecast for $1.1 billion in revenue, and also reported a $2.50 per share profit, well ahead of the $2.22 that Wall Street ...