Abercrombie & Fitch Company (ANF) News
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ANF News Highlights
- For ANF, its 30 day story count is now at 32.
- Over the past 28 days, the trend for ANF's stories per day has been choppy and unclear. It has oscillated between 1 and 14.
- AL, BBY and BEAT are the most mentioned tickers in articles about ANF.
Latest ANF News From Around the Web
Below are the latest news stories about Abercrombie & Fitch Co that investors may wish to consider to help them evaluate ANF as an investment opportunity.
Abercrombie & Fitch Co. sales are growing and one of the reasons for that is the customers themselves.
Abercrombie (ANF) delivered solid third-quarter results on the back of robust growth in the U.S market. Revenue and earnings topped consensus estimates, as the company benefited from strong digital sales growth. Nevertheless, ANF shares fell 12.59% to close at $41.12 on November 23. Abercrombie is a retailer that specializes in apparel, personal care products, and accessories. Its product line includes knit tops, woven shirts, sweaters, and jeans. It also deals in personal care products for men and women. Q3 Results Net sales in Q3 grew 10% year-over-year to $905 million, exceeding consensus estimates of $896.86 million.
There's a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Abercrombie Fitch (ANF – Research Report) and Best Buy Co (BBY – Research Report) with bullish sentiments. Abercrombie Fitch (ANF) In a report released yesterday, Janie Stichter from Jefferies reiterated a Buy rating on Abercrombie Fitch, with a price target of $61.00. The company's shares closed last Tuesday at $41.12. According to TipRanks.
The 90s-theme attire did its part to power Abercrombie & Fitch to a better than expected third quarter this week.
Gap (GPS) shares closed down 24% on Wednesday, its biggest one day drop on record after the clothing retailer missed on revenue and earnings for its latest quarter. The company also lowered its guidance amid supply chain problems.
Abercrombie & Fitch (ANF) third-quarter results reflect lower promotions and markdowns, efficient expense management, and strategic investments.
Yahoo Finance’s Julie Hyman and Brian Sozzi discuss Gap's earnings miss and plunging stock.
Nordstrom's (JWN) stock plummeted 25% on Wednesday after the clothing department store missed quarterly earnings expectations, challenged by low inventory and rising costs.
Foot Locker Chairman CEO Richard Johnson, Refinitiv Director of Consumer Research Jharonne Martis, Abercrombie & Fitch CEO Fran Horowitz, BDO National Managing Partner Natalie Kotlyar, and Authentic Brands Group Founder & CEO Jamie Salter join Yahoo Finance's Brian Sozzi to discuss the short-, medium-, and long-term future of the retail.
Natalie Kotlyar, BDO National Managing Partner, joins Yahoo Finance's Brian Sozzi to discuss Black Friday deals amid supply chain issues, the outlook for the holiday shopping season, and the future of brick-and-mortar stores post-pandemic.