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ANF sees long-term growth potential on brand strength, digital gains and store upgrades despite sales slowdown, tariff woes and rising freight costs.
In this podcast, Motley Fool analyst Jim Gillies and host Ricky Mulvey discuss:
The apparel industry is facing uncertainty as Trump's reciprocal tariffs could hit critical textile import countries. Luckily, Abercrombie & Fitch has quite low exposure to China. The company's tariff impact depends more on Vietnam's and Cambodia's trade negotiations with the US. Abercrombie & Fitch's outlook stands good. The Abercrombie brand has stabilized, and Hollister is now rapidly gaining brand relevance.
Stock market turmoil is a prime opportunity for long-term investors to find bargains, with Abercrombie & Fitch being a standout value stock. Abercrombie & Fitch has rebranded successfully, showing double-digit sales growth, particularly through its Hollister subsidiary, making it an attractive buy. Abercrombie does have exposure to tariffs (it sources products from 17 different countries), and we expect the company to lower its guidance when it reports its next results in June.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
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.
Shares of several apparel retailers, such as Deckers Outdoor (DECK 5.19%), Gap (GAP 7.20%), and Abercrombie & Fitch (ANF 4.38%), rallied big on Friday, up 4.3%, 6.3%, and 3%, respectively, as of 2:37 p.m. ET, even as the broader markets plunged for the second day in a row.
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.