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Abercrombie & Fitch Absorbs Tariff Impact, No Price Hike Despite $50 Million Cost: Plans To Open 100 New 'Physical Experiences' In 2025
Thursday, May 29, 2025 - 3:41am | 689After reporting a better-than-expected first quarter, American lifestyle retailer Abercrombie & Fitch Co.’s (NYSE:ANF) management hinted at absorbing the tariff impact and announced plans to open 100 new “physical experiences” in 2025. What Happened: Company CEO Fran Horowitz...
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Deutsche Bank Cautiously Optimistic On Abercrombie, Even As It Makes New 52-Week Lows
Tuesday, October 18, 2016 - 1:48pm | 442Deutsche Bank is cautiously optimistic on Abercrombie & Fitch Co. (NYSE: ANF) ahead of its third-quarter results estimated in mid-November amid the stock touching a new 52-week low of $15.14. Analyst Tiffany Kanaga cut third-quarter EPS estimate to $0.24 (from $0.34 vs. Street $0.22). The...
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RBC Trims Abercrombie Price Target To $20
Thursday, September 1, 2016 - 1:17pm | 359Brian Tunick of RBC Capital Markets argued in a research note that Abercrombie & Fitch Co. (NYSE: ANF) is "fighting a good fight" but its second quarter earnings report, which includes an earnings miss puts a damper on the company's outlook. Tunick highlighted Abercrombie's traffic challenges...
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Declining Tourism Weighed On Abercrombie's Q2 Results, Creating Positives For American Eagle Outfitters
Wednesday, August 31, 2016 - 2:17pm | 379BMO said the weak second-quarter results of Abercrombie & Fitch Co. (NYSE: ANF) on lower tourism spending are a positive for peer American Eagle Outfitters (NYSE: AEO). Abercrombie & Fitch reported worse-than-expected earnings driven by weak tourism spending, which was mostly concentrated...
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The 'Teenage Wasteland' Continues To Underperform; Wunderlich Stays Sidelined On Abercrombie
Wednesday, August 31, 2016 - 10:45am | 406Wunderlich has reiterated its Hold rating and $21 price target on Abercrombie & Fitch Co. (NYSE: ANF) following the second-quarter results that showed lack of traction in both the A&F and Hollister brands in addition to declining profitability trends. "Despite management's depiction of...