ANF - Abercrombie & Fitch Co.
| Previous Close | 16.13 |
| Open | 15.53 |
| Bid | 15.94 x 1400 |
| Ask | 15.94 x 800 |
| Day's Range | 15.49 - 16.02 |
| 52 Week Range | 13.58 - 30.63 |
| Volume | 2,181,273 |
| Avg. Volume | 2,824,837 |
| Market Cap | 1.001B |
| Beta (3Y Monthly) | 1.31 |
| PE Ratio (TTM) | 15.25 |
| EPS (TTM) | 1.04 |
| Earnings Date | Nov 27, 2019 - Dec 2, 2019 |
| Forward Dividend & Yield | 0.80 (5.08%) |
| Ex-Dividend Date | 2019-09-05 |
| 1y Target Est | 17.69 |
- Simply Wall St.
These 4 Measures Indicate That Abercrombie & Fitch (NYSE:ANF) Is Using Debt Extensively
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- Zacks
The Market Timing Secrets No One Talks About - October 17, 2019
Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- GlobeNewswire
Abercrombie & Fitch Co. Partners with Bring Change to Mind to Help Remove Stigmas Surrounding Mental Health
Abercrombie & Fitch Co. (ANF), a leading, global specialty retailer of apparel and accessories, is pleased to announce its partnership with Bring Change to Mind (BC2M), a nonprofit organization dedicated to encouraging dialogue and raising awareness, understanding and empathy about mental health. Co-founded by award-winning actor and activist, Glenn Close, whose family has been affected by mental health issues, BC2M is focused on ending the stigma and discrimination surrounding mental illness. The announcement aligns with the aim of World Mental Health Day, which brings attention to global mental health education, awareness and advocacy against social stigmas associated with mental health.
- Benzinga
Najarian Brothers See Unusual Activity In Abercrombie & Fitch, Under Armour And More
On CNBC's "Fast Money Halftime Report," Jon Najarian said that someone bought a lot of calls in Abercrombie & Fitch Co. (NYSE: ANF) on Wednesday. Jon Najarian has also noticed a purchase of the November $22 calls in Builders FirstSource, Inc. (NASDAQ: BLDR). Pete Najarian spoke about high options activity in Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM).
- Zacks
Abercrombie (ANF) Witnesses Balanced Risk-Reward: Stock Down
Abercrombie's (ANF) efforts to expand digital and omni-channel capabilities, optimize store fleet, and focus on Hollister brand bode well. Soft margins and recently enacted tariffs are headwinds.
- Bloomberg
Huawei CFO Exposes Cracks in Case Where Only 1% Succeed
(Bloomberg) -- When Huawei Technologies Co.’s chief financial officer first argued that Canada had trampled her constitutional rights during a December arrest, it rang a little hollow.Meng Wanzhou wasn’t a Canadian citizen. She’d been detained for three hours at Vancouver’s airport. She’d been released on bail to live in one of her two multimillion-dollar homes in the Pacific Coast city. On the face of it, it didn’t appear a roughshod abuse of Canada’s Charter of Rights and Freedoms capable of derailing a U.S. extradition request.Yet over a two-week stretch of hearings that ended Thursday, her phalanx of lawyers have exposed cracks in the way Canada handled her arrest -- including an admission from border officials that “in error” they shared her device passwords with police -- putting the prosecution on the back foot.“Meng was tricked,” Scott Fenton, one of her lawyers, told the court, laying out how allegedly the Canada Border Services Agency, police and the U.S. Federal Bureau of Investigation unlawfully used the pretext of an immigration check to get Meng to disclose evidence that could be used against her.According to defense testimony, Meng’s warrant called for her “immediate” arrest, yet border officials detained her first for three hours, ostensibly to determine if she was admissible to Canada. However:There was never any chance Meng would have been turned away, given the arrest warrant awaiting her.Officials never formally admitted her anyway -- her immigration status in Canada remains in limbo.They also never told her why she was being questioned. Only when arrested hours later was she advised of her right to remain silent.Border officials say they weren’t cooperating with police or the Federal Bureau of Investigations, yet:They questioned her about Huawei’s business in Iran. Unbeknownst to Meng, the U.S. extradition request -- based on an indictment still sealed at that time -- accused her of fraud related to sanctions on Iran.They placed her devices in special bags to prevent them from being tampered with remotely -- a specific request from the FBI and not a standard border procedure.They gave the passwords to all her devices to police. A CBSA official later said the passwords “were provided in error” and couldn’t be used as evidence, according to an email exhibit.A Canadian police officer allegedly emailed unique identifying numbers of Meng’s phones and tablet to an FBI legal attache -- unlawfully sidestepping formal channels for such information sharing -- which could potentially be used by the U.S. to gather more evidence against her.Crown lawyers have either disputed or sought to downplay the significance of those points. Associate Chief Justice Heather Holmes, the presiding judge, has often seemed skeptical, grilling the prosecution.Meng seeks a court order to force the Canadian government to release more details about her arrest. On Thursday, Holmes requested additional information from both sides to address conflicting evidence about the allegations of information sharing with the FBI attache. She isn’t expected to issue a decision until at least Oct. 16, potentially much later if the police officer or others are called for cross examination.Ultimately, the defense is seeking to establish an abuse of process. If it’s successful, the court could halt the extradition proceedings.Long OddsFor Meng, these are the first steps in a long battle in which the odds are stacked against her. Of the 798 U.S. extradition requests received since 2008, Canada has only refused or discharged eight, according to Canada’s Department of Justice.Still, she’s approaching the initial test with flair.The executive -- who wore an Abercrombie & Fitch hoodie in her mug shot and preferred yoga pants and sneakers at earlier proceedings -- has shown up daily in four-inch stilettos and designer dresses flaunting the GPS tracker on her left ankle. She used to scurry to her car with a wool cap pulled low over her eyes, but now strides each morning out the gates of her C$13 million ($9.8 million) property -- coat off despite the chill -- allowing photographers to take pictures of her. She stopped for her first interview with a Chinese-language TV crew to remark on the 70th anniversary of Communist Party rule.There’s a certain irony in the glamour offensive. Two Canadians detained in China within days of Meng’s arrest, Michael Kovrig and Michael Spavor, are being held in isolation with only sporadic access to consular officials. Meng’s arrest and the detentions of Kovrig and Spavor have plunged the relationship between Canada and its second-biggest trading partner into its darkest period since diplomatic ties were established in 1970 -- with almost no hope of a detente.Meanwhile, the case continues to offer glimpses into the persona and life of a woman who was virtually unknown until her arrest, despite being the eldest daughter of Huawei’s billionaire founder Ren Zhengfei: until December, Meng had never had any run-in with the law, not even a traffic violation. In addition to the two Vancouver homes, she has two in Hong Kong, one in Shenzhen and three in London, which she rents out. She’s a titan of business with a penchant for accessorizing just about everything: a Winnie-the-Pooh sticker on her iPad, a pastel puffball on her backpack, even a cherry blossom charm on her USB stick.Meng’s high-profile case brings to the fore growing criticism that Canada’s border agency operates amid scant oversight and outdated laws. In June, an Ontario court censured the CBSA for its “serious, longstanding and systemic” approach to searching electronic devices.A December 2017 report by the parliamentary ethics committee criticized how the agency treats such devices in the same way it inspects a bag of underwear, and called for new laws on device searches at borders.“They say they don’t, but the law, if applied as they say it is, would allow them to do it on a whim. We say this is likely unconstitutional,” David Fraser, a privacy lawyer representing the Canadian Bar Association, told the committee.(Updates with judge reserving decision to at least Oct. 16 from the eighth paragraph)To contact the reporter on this story: Natalie Obiko Pearson in Vancouver at npearson7@bloomberg.netTo contact the editors responsible for this story: David Scanlan at dscanlan@bloomberg.net, Chris Fournier, Stephen WicaryFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Will Costco (COST) Register Earnings & Comps Growth in Q4?
Costco's (COST) growth strategies, sturdy comparable sales performance and strong membership trends are likely to favorably impact fourth-quarter results.
- Simply Wall St.
Before You Buy Abercrombie & Fitch Co. (NYSE:ANF), Consider Its Volatility
If you're interested in Abercrombie & Fitch Co. (NYSE:ANF), then you might want to consider its beta (a measure of...
- Yahoo Finance
Why Forever 21 will probably disappear forever
Forever 21 potentially going out of business makes a lot of sense.
- Bloomberg
Forever 21's Woes Show Fast Fashion's Limits
(Bloomberg Opinion) -- Forever 21 Inc. has learned the hard way that the allegiance of teen shoppers is anything but everlasting.The fast-fashion retailer filed for bankruptcy late Sunday, saying it has obtained $350 million in financing to help it stay afloat. The company said it plans to close most of its Asian and European stores in order to focus on its core business in North America.The bankruptcy is, of course, another signal of the punishing pressures of the broader “retail apocalypse,” in which the rise of e-commerce is siphoning away shoppers from brick-and-mortar chains, forcing them to collectively shutter thousands of stores. But Forever 21’s troubles also are an emblem of a new and important dynamic shaping the U.S. apparel market: Fast fashion, once a formidable retail niche, is falling behind.In the first two decades of the 2000s, the trifecta of Forever 21, H&M and Inditex SA’s Zara had punishing impact on mid-priced mall heavyweights such as Gap Inc., Abercrombie & Fitch Co. and American Eagle Outfitters Inc., stealing away the high school and college set by peddling trendier garments and refreshing their merchandise offerings at a much quicker pace. The Great Recession helped support their rise, as it meant shoppers were especially focused on low prices.Now, though, there are clear signs that some shoppers are souring on this model. Forever 21 and others of its ilk have long been go-tos for what is essentially disposable clothing – a trend you’re sure will be fleeting, an outfit you don’t want to be seen in more than once on Instagram, etc. But just as sustainability concerns upended the food and beauty industries years ago, they are starting to factor more into clothing purchases. And it could contribute to a backlash to what was essentially a years-long binge on cheap polyester.To the extent that many shoppers are still embracing fast fashion, there are now many more options for them to scratch their itch for of-the-moment clothing than when Forever 21 was gathering steam. Chains such as Gap, Old Navy and Urban Outfitters Inc. have sped up their supply chains to be more reactive to new trends. Plus, many chains including Ann Taylor, Express and Bloomingdale’s are now joining upstart Rent The Runway in the clothing rental business.Digital-centric players such as Boohoo, Fashion Nova and Asos have given them fresh options, and low-priced, U.K.-based brick-and-mortar chain Primark is starting to open U.S. stores. On top of that, digitally-enabled secondhand selling is gaining traction. The stock market debut of The RealReal Inc. and Foot Locker Inc.’s $100 million investment in sneaker re-seller Goat were signals of the strong expectations of growth for this model. Simply put, there are more options now for having a constantly-refreshing wardrobe that don’t necessarily depend on fast fashion. All of those changes are making it difficult for Forever 21 to stay relevant. In fact, the collective U.S. market share of the Big Three of fast fashion peaked in 2015, according to data from Euromonitor.Of course, Forever 21’s bankruptcy also is a result of other factors, including the pace at which it opened stores and its decision to have so many of them in enclosed malls. But the chain’s troubles signal a new era of opportunity for capturing the dollars of Generation Z and millennial shoppers. Its struggling neighbors at the mall should take note.–Andrea Felsted contributed the “Rental on the Rise” chart. To contact the author of this story: Sarah Halzack at shalzack@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Sarah Halzack is a Bloomberg Opinion columnist covering the consumer and retail industries. She was previously a national retail reporter for the Washington Post.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- Yahoo Finance
'It is time to send a message': Bernie Sanders plan takes aim at CEO pay
Presidential candidate Bernie Sanders is going after CEOs with huge pay relative to their company’s regular workers.
- Zacks
Abercrombie (ANF) Up 7.2% Since Last Earnings Report: Can It Continue?
Abercrombie (ANF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
The Market Timing Secrets No One Talks About - September 27, 2019
Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- Yahoo Finanzas
La guerra comercial de Trump con China genera el caos entre los minoristas en vísperas de Navidad
En vísperas de Navidad apenas hay emoción en las sedes corporativas de los principales minoristas, debido sobre todo a la prolongada guerra comercial del presidente Donald Trump con China.
- Schaeffer's Investment Research
Behind the Trusty Bear Signal That's Sounding on ANF
The shares are trading near a historically bearish trendline
- Yahoo Finance
Why the curvy jeans trend for women is great news for these two retailers
New curvy jeans options from American Eagle Outfitters and Abercrombie & Fitch could be music to the ears of investors.
- Yahoo Finance
How Trump's trade war with China is creating pre-holiday chaos for retailers
Thank you, Trump trade war for some pre-holiday shopping season chaos.
- Zacks
Tariffs Cast a Pall Over Retail: 5 Stocks on Alert
The List 4 tariffs sparked concerns for the retail sector and American consumers making everyday goods expensive. Some retailers lowered outlooks for the current year due to the tariff woes.
- Simply Wall St.
Why I Like Abercrombie & Fitch Co. (NYSE:ANF)
Attractive stocks have exceptional fundamentals. In the case of Abercrombie & Fitch Co. (NYSE:ANF), there's is a...
- PR Newswire
DoSomething.org and Hollister Partner for Back-to-School Anti-Bullying Campaign
NEW YORK, Sept. 10, 2019 /PRNewswire/ -- For students, going back to school can be super exciting (!!!), and also super stressful. Yep, five positive statements of affirmation can cancel out one negative feeling someone may experience from being bullied1. Students across the country can print and post affirmation tear sheets in their schools, and their classmates can tear and share a positive message from them to help undo bullying and spread good vibes nationwide.
- Yahoo Finance
Trump just shredded some big retail stocks with his new China tariffs
Investors in apparel stocks just got a beat down because of President Trump's intensified trade war with China.
- GuruFocus.com
Why Abercrombie & Fitch Is a Buy
The retailer’s growth strategy could catalyze its financial performance Continue reading...
- Investopedia
Abercrombie Beats Estimates, but Bear Market Continues
The retailer plans to close three of its flagship stores and reduce its dealings with China to minimize the effects of increasing tariffs.
- Yahoo Finance Video
Sanders targets companies with ‘exorbitant pay gaps'
Presidential hopeful Bernie Sanders is targeting companies that have their employees make far less than their CEO. Yahoo Finance's Jennifer Rogers, Brian Sozzi and Sibile Marcellus discuss on On the Move.
