15.82 0.00 (0.00%)
After hours: 4:39PM EDT
|Bid||15.85 x 1800|
|Ask||15.86 x 1400|
|Day's Range||15.40 - 15.98|
|52 Week Range||14.66 - 30.63|
|Beta (3Y Monthly)||1.46|
|PE Ratio (TTM)||11.12|
|Earnings Date||Aug 28, 2019 - Sep 3, 2019|
|Forward Dividend & Yield||0.80 (5.21%)|
|1y Target Est||20.25|
Mexican tariffs could have a heavy impact on denim retailers, as Mexico represents 35% of imports of men's and boy's jeans to the U.S., according the the American Apparel and Footwear Association. Yahoo Finance's Zack Guzman and Heidi Chung are joined by Erin Sykes, retail expert, to discuss.
Abercrombie & Fitch (ANF) is a specialty retailer of Abercrombie & Fitch, abercrombie kids and Hollister brand apparel and accessories for men, women and kids; the company operates 857 stores globally, notes Crista Huff, growth and dividend expert and editor of Cabot Undervalued Stocks Advisor.
Shares of Abercrombie & Fitch Co. sank 4.5% in midday trading Tuesday, but CFRA analyst Camilla Yanushevsky reiterated her buy rating, saying investors are missing bullish points, although she cut her price target to $22 from $35. The stock had plunged 50% since closing at a 3-year high of $30.48 on May 3, 2019 to a 1 1/2-year low of $15.23 on June 12, highlighted by the 27% tumble on May 29 after fiscal first-quarter results, in which same-store sales missed expectations. "Initiatives CEO Fran Horowitz [have] taken to integrate inclusivity in brand since her appointment are paying off," Yanushevsky wrote in a note to clients. "In our view, retailers that align mission and product to convince consumer that they're 'inclusive' will flourish, even in the face of secular mall traffic declines." Yanushevsky pointed out that A&F has posted 7-straight quarters of same-store sales growth. That followed six-straight quarters of declines, and 22 quarters of declines over the past 23 quarters. The stock has lost 23% year to date, while the SPDR S&P Retail ETF has gained 1.2% and the S&P 500 has advanced 17%.
Abercrombie (ANF) grapples with adverse impacts of foreign currency and higher operating expenses. Nevertheless, its cost-saving efforts, loyalty and marketing programs are encouraging.
Is Abercrombie & Fitch Co. (NYSE:ANF) a good dividend stock? How would you know? Dividend paying companies with...
Shares of Coach and Kate Spade parent Tapestry Inc. said Wednesday it named Joanne Crevoiserat as its chief financial officer, effective Aug. 1. Crevoiserat was most recently Abercrombie & Fitch Co.'s chief operating officer from February 2017 to June 2019. Crevoiserat will succeed interim CFO Andrea Resnick, who held the helm after Kevin Wills departed in February 2019. "As we continue to implement our portfolio strategy, I am confident that Joanne is the right leader and strategic business partner to our teams as we drive Tapestry's next chapter of growth as a global house of brands," said Chief Executive Victor Luis. Tapestry's stock, which was still inactive in premarket trading, has lost 10.2% year to date, while Abercrombie shares have tumbled 21.5%, the SPDR S&P Retail ETF has gained 3.5% and the Dow Jones Industrial Average has advanced 13.5%.
was recently downgraded to Hold by TheStreet's Quant Ratings service. ANF's stock price has been cut in half in less than two months so a downgrade does not seem like a big surprise, at least in my mind and experience on Wall Street. In the daily bar chart of ANF, below, we can see a base pattern back in September-February that seemed to show promise of an extended rally phrase.
Abercrombie (ANF) boosts shareholder value by authorizing a share buyback program of about 5 million shares of Class A Common Stock.
Hollister Co., a division of Abercrombie & Fitch Co. (ANF), and the global retail brand celebrating the spirit of an endless summer, has teamed up with Activision, a wholly owned subsidiary of Activision Blizzard, Inc. (ATVI), to bring the latest installment in the Crash Bandicoot™ franchise, Crash™ Team Racing Nitro-Fueled, to its shoppers on the game's launch day, June 21, 2019. To celebrate the launch, three Hollister stores in Los Angeles (Los Cerritos Center), Chicago (Woodfield Mall) and New York (Roosevelt Field) will host hands-on gaming experiences. Gaming lounges will be placed throughout each of the stores, and PS4 systems will be hooked up to the stores’ front video screens, creating immersive experiences for customers to try the new game.
was trading higher Friday after the retailer's board authorized a new share repurchase program of up to 5 million shares. Combined with its existing buyback program, the company could repurchase about 7.6 million shares -- more than 10% of the total 65.7 million shares outstanding as of June 14. "This new share repurchase program reflects our ongoing confidence in our long-term strategy," said Fran Horowitz, CEO of Abercrombie & Fitch.
Shares of Abercrombie & Fitch Co. rallied 2.3% in premarket trading Friday, after the apparel retailer announced a new stock repurchase program representing more than 10% of the shares outstanding. The company said it can now buy back up to 7.6 million shares, which at Thursday's closing price of $15.35 would be valued at $116.7 million. Based on about 65.7 million shares outstanding as of June 7, the company could buy back up to 11.6% of the total. "This new share repurchase program reflects our ongoing confidence in our long-term strategy," said Chief Executive Fran Horowitz. The stock, which had closed at a 19-month low on Wednesday, has tumbled 42% over the past three months, while the SPDR S&P Retail ETF has slipped 5.5% and the S&P 500 has gained 3.0%.
On June 12, 2019, the Board of Directors of Abercrombie & Fitch Co. (ANF) authorized a new share repurchase program of up to five million shares of Class A Common Stock. This brings the shares available for purchase, as of June 12, 2019 under the company’s publicly announced share repurchase authorizations, to approximately 7.6 million shares, or over 10% of its total shares outstanding.
NEW ALBANY, Ohio, June 13, 2019 -- Abercrombie & Fitch Co. (NYSE: ANF) today announced that Scott Lipesky, Chief Financial Officer will present at the Jefferies 2019.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […]
Abercrombie & Fitch Co. (ANF) today announced the headliners for its annual fundraiser, The A&F Challenge, benefitting SeriousFun Children’s Network. This camp-inspired music festival and fundraiser is hosted at A&F Co.’s Home Office in New Albany from 5-11 p.m. It aims to celebrate the magic of camp and raise funds for SeriousFun, a global community of camps for kids with serious illnesses and their families. In addition to live music, guests can enjoy unlimited food and drink from local partners, including a beer garden sponsored by Rhinegeist Brewery, and various experiences such as an exclusive DIY apparel booth, glamp lounges, axe throwing, hot air balloon rides and more.
If you are an income investor, then Abercrombie & Fitch Co. (NYSE:ANF) should be on your radar. Abercrombie & Fitch...
Its latest earnings report shows the mall-based apparel retailer is still defying the odds even as its rivals burn out.
Luxury retail marketplace AHAlife relocated to Columbus from New York City because it couldn't top the talent here. "This is a great city and there's so much knowledge here," CEO Rob Mancini said in a recent interview with Columbus Business First. The confluence of big names like L Brands, Express, Abercrombie & Fitch and Big Lots in this market as well as major real estate names like Steiner + Associates and Washington Prime Group has built a major local talent pool for the retail industry.
American Eagle Outfitters Inc topped analysts' estimates for quarterly same-store sales on Wednesday, as the apparel retailer cashed in on a revival in the popularity of jeans in the United States. American Eagle has managed to stay ahead of the competition from companies such as Abercrombie & Fitch Co and Gap Inc as its stretchy and distressed jeans prove to be a hit with college students. "Finding a perfect fit in jeans is really hard, and American Eagle has nailed the fit.
Every clothing store stock is down over the past month, led by a 73.2% decline at J.Jill Inc., notes retail expert Mitch Nolen. Clothing store's stock fell last month, nearly all by double-digit percentages. Abercrombie & Fitch Inc. (ANF) , down 43.2% for the past month, took its biggest single-day tumble last Wednesday after reporting weak first-quarter same-store sales.
Abercrombie & Fitch shares plummeted after fiscal first-quarter earnings, but analysts think the current decline is a precursor to a successful business transformation.
Canada Goose and Abercrombie & Fitch got pummeled by the market. Shares of Dick’s Sporting Goods actually rose, but in context, there wasn’t much to smile about.