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Abercrombie & Fitch on Wednesday forecast annual sales growth below estimates as consumer spending on pricier apparel remains weak, taking its shares down about 8% in premarket trading.
NEW ALBANY, Ohio, March 05, 2025 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the thirteen week fourth quarter and fifty-two week year ended February 1, 2025. These compare to results for the fourteen week fourth quarter and fifty-three week year ended February 3, 2024. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this release.
ANF's Q4 results are expected to benefit from a strong holiday season, fueled by brand growth, exciting product assortments and engaging marketing efforts.
Abercrombie & Fitch (ANF) closed the most recent trading day at $102.99, moving +1.55% from the previous trading session.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Abercrombie (ANF), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended January 2025.
Abercrombie & Fitch (ANF) stock has plunged this year, erasing some of the gains made in 2023 and 2024, when it emerged as the best-performing retail stock. ANF has plunged to a low of $100, its lowest level since January 29.
Recently, Zacks.com users have been paying close attention to Abercrombie (ANF). This makes it worthwhile to examine what the stock has in store.
Abercrombie & Fitch's stock has dropped 32% in 2025 despite positive full-year sales guidance from management. Under CEO Fran Horowitz, A&F has seen cash flow generation and strategic digital and store investments, enhancing consumer experience. Abercrombie's price to free cash flow is near multi-year lows.
Abercrombie (ANF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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