ANF Stock Recent News

ANF shares have dropped ~62%, cushioning further downside but facing significant macroeconomic risks. Ongoing tariff issues and inflation threaten to raise costs and depress consumer demand, especially among ANF's core lower/mid-income customers. The company's reliance on Asian supply chains increases vulnerability to unresolved trade tensions and tariff impacts.

ANF beats Q1 sales estimates on Hollister strength and global growth. Shares gain 14.7% as fiscal 2025 guidance improves.

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?

Abercrombie & Fitch Co. reported a solid start to FY2025. Hollister's surge in brand relevance drove great revenue growth. The brand's resurfacing even caused a sales guidance raise. The Abercrombie brand's sales cooled off slightly, but the brand remains healthy. Tariff expenses have created an expected headwind in Abercrombie & Fitch's profitability, reflected in the updated FY2025 guidance.

Hollister posted impressive 22% YoY growth, while Abercrombie & Fitch Co. saw nuanced declines amid tougher comps and macro headwinds. Tariffs and higher inventory costs are pressuring margins, with a $70M impact expected on FY25 profitability, mostly in gross margins. Despite headwinds, management raised revenue guidance and is executing a robust $400M buyback program, nearly matching net income.

Shares of Abercrombie & Fitch (ANF 13.93%) are flying higher on Wednesday. The company's stock had gained 15% as of 2:36 p.m.

Live Updates Live Coverage Updates appear automatically as they are published. Biotech Benefits from Generative AI 2:02 pm by Gerelyn Terzo Wall Street firm Jefferies believes certain biotechnology stocks are poised to benefit from AI advancements. Analyst Michael Yee told CNBC that the sector is likely to save billions of dollars as well as time in getting drugs to market thanks to the role of generative AI in drug discovery. The firm is bullish on biotech stocks for the rest of 2025, saying any bad news is already built into the sector. The Nasdaq Composite is basically flat ahead of Nvidia’s earnings. Market Update 12:33 pm by Gerelyn Terzo Stocks are continuing to play it safe in today’s trading session, with the three major stock market averages fractionally lower across the board. VP JD Vance is headlining today’s Bitcoin 2025 event, but it’s doing little to lift the BTC price, which is up about 0.17%. Nvidia (Nasdaq: NVDA) stock is up 0.33% today ahead of

Live Updates Live Coverage Updates appear automatically as they are published. Great Expectations 12:38 pm by Gerelyn Terzo A cautious tone persists in today’s trading, with the three major stock market averages slightly in the red. Nvidia (Nasdaq: NVDA) shares are up 0.33% ahead of its highly anticipated quarterly earnings report expected after the closing bell. The prevailing sentiment is that Nvidia will once again exceed expectations and upgrade its guidance due to strong AI and chip demand. Yet, concerns linger regarding a potential write-down linked to China revenues, even with overall strong demand. The SPY ETF is lower by 0.16%. Consumer Spending on Deck 10:49 am by Gerelyn Terzo The markets will receive greater insight on the resilience of the consumer this week. Personal Income and Spending data for April is due out on Friday. This data follows a period of robust consumer spending observed in March. Economists at Wells Fargo anticipate a 0.3% increase in personal income

Live Updates Live Coverage Updates appear automatically as they are published. Bonds on Sale 1:19 pm The Treasury’s auction of 5-year notes has concluded. Paying 4% interest, the $70 billion in notes sold at an average yield of 4.07%, indicating a small 1.7% discount to face value. At the Right Price, Investors Still Love T-Bills 11:52 am $70 billion worth of 5-year Treasury notes are about to go on auction, and demand looks healthy even as yields rise. (Which makes sense. Higher yields imply lower prices, and everybody likes a bargain, even when we’re talking about U.S. government debt). 2-year Treasuries went on sale yesterday, and demand was described similarly as “solid.” The Dow is still down 0.3%. Apple and iPhones in Focus 11:17 am Dow component company Apple (Nasdaq: APPL) is in focus today as Loop Capital analyst Ananda Baruah reiterates a hold rating and $215 price target on the tech stock. “Tariff actions” are pulling demand for iPhones fo

Abercrombie & Fitch soaring on earnings today. It's our Chart of the Day.