Why Abercrombie & Fitch Stock Just Jumped 19%
ANFA&F(ANF) fool.com·2024-05-30 00:48

With a P/E ratio of 16 and a 35% growth rate, Abercrombie & Fitch stock looks like a buy. Abercrombie & Fitch (ANF 21.62%) stock surged 19% through 11:05 a.m. ET after reporting Q1 2024 earnings this morning -- and beating Wall Street analyst targets with a stick. Expected to earn 1.73pershareon1.73 per share on 963 million in sales in the year's first quarter, Abercrombie instead reported a per-share profit of 2.14andsalesofmorethan2.14 and sales of more than 1 billion. Abercrombie & Fitch Q1 earnings And this good news gets better. A&F' ...