|Bid||17.50 x 900|
|Ask||17.51 x 1800|
|Day's Range||16.54 - 17.60|
|52 Week Range||13.58 - 30.63|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||21.78|
|Earnings Date||Mar 4, 2020 - Mar 9, 2020|
|Forward Dividend & Yield||0.80 (4.80%)|
|1y Target Est||17.54|
Is Abercrombie & Fitch Co. (NYSE:ANF) a good stock to buy right now? We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The […]
It's been a good week for Abercrombie & Fitch Co. (NYSE:ANF) shareholders, because the company has just released its...
Abercrombie (ANF) misses earnings and sales estimates in third-quarter fiscal 2019 on unseasonably warm weather in September and ongoing disruptions in key international markets.
For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
All three major U.S. stock indexes again set record highs as U.S.-China trade negotiations continue ahead of the Thanksgiving holiday.
Abercrombie pinned flat sales on Brexit, Hong Kong, global warming and other macroeconomic factors beyond its control.
Abercrombie (ANF) delivered earnings and revenue surprises of -8.00% and -0.70%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares fell as much as 8% after the company also reported its first same-store sales drop in at least eight quarters at Hollister, a brand that has powered much of the retailer's growth. Abercrombie joins a growing list of American retailers that have called out months of pro-democracy protests in Hong Kong for causing store closures and hurting revenue from the Asian shopping hub. Abercrombie has in the past relied on Hollister to generate the bulk of its revenue with its denim and Gilly Hicks lingerie collections, but the surfwear-themed brand is no longer attracting as much demand from younger customers.
Abercrombie & Fitch Co. said Tuesday it had net income of $6.523 million, or 10 cents a share, in its fiscal third quarter to November 2, down from $23.9 million, or 35 cents a share, in the year-earlier period. Adjusted per-share earnings came to 23 cents, below the 24 cents FactSet consensus. Sales rose to $863.5 million from $861.2 million, but were also below the $868.0 million FactSet consensus. Same-store sales were flat, compared with a FactSet consensus for growth of 0.3%. "Continued U.S. momentum was offset by challenges across several of our key international markets as well as a complicated global operating environment, which weighed on overall results," Chief Executive Fran Horowitz said in a statement. The operator of the Abercrombie and Hollister clothing brands said it now expects fiscal 2019 sales and same-store sales to be flat to up 1% and for fourth-quarter sales and same-store sales to be flat to up 2%. The retailer is expecting China tariffs to shave about $4 million off gross profit in the fourth quarter and $5 million in the full year. About 25% of the company's merchandise in fiscal 2018 was sourced from China. Shares rose 1% in premarket trade, but are down 19% in 2019, while the S&P 500 has gained 25%.
JLL Retail President and CEO Greg Maloney joins Yahoo Finance’s Brian Sozzi to discuss what to expect from Black Friday sales on The First Trade.
Each of the three major U.S. stock indices hit record highs and closing highs Tuesday after China signaled trade negotiators were pacing toward a deal, and a batch of retail earnings came in mostly stronger than expected.
Abercrombie and Fitch shares slip after the retailer missed earnings estimates on the top and bottom line. Yahoo Finance’s Akiko Fujita and Emily McCormick break it down on The Ticker.
Abercrombie & Fitch saw same-store sales rise 3% in the third quarter, despite reporting mixed earnings. Yahoo Finance’s Brian Sozzi and Alexis Christoforous break down what Abercrombie & Fitch CEO Fran Horowitz had to say about the retailer.