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The Case For Abercrombie & Fitch's Stock? Charli And Dixie D'Amelio
Wednesday, February 3, 2021 - 4:11pm | 324Abercrombie & Fitch Co. (NYSE: ANF) may appear like a "dying clothing brand" but the company may have been dealt a lifeline through TikTok's most popular star. TikTok Stars: Abercrombie's glory days may be far behind as the specialty fashion retailer saw its annual sales peak...
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Abercrombie & Fitch Receives Upgrade From Wedbush
Thursday, July 11, 2019 - 1:00pm | 328Abercrombie & Fitch Co. (NYSE: ANF) received an upgrade Thursday. The Analyst Wedbush's Jen Redding upgraded the stock from Underperform to Neutral and raised her price target from $16 to $18. The Thesis Redding says recent search trends signal positive inflection in revenues across...
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Is Abercrombie & Fitch Back In Fashion With The Street?
Thursday, March 7, 2019 - 1:24pm | 576Abercrombie & Fitch Co. (NYSE: ANF) reported fourth-quarter results that sent the stock soaring on Wednesday. The parent company of Hollister and Abercrombie stores reported a top-and-bottom line beat and better than expected comps. The Analysts Wedbush's Jen Redding maintains a Neutral...
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Morgan Stanley Highlights Winners And Losers From Holiday Shopping Weekend
Monday, November 28, 2016 - 12:04pm | 547Specialty retail and departmental stores witnessed mixed Black Friday weekend sales versus 2015, with e-commerce remaining “the clear winner” and in-store revenue continuing to be under pressure, Morgan Stanley’s Kimberly C. Greenberger said in a report. In-Store Mixed, E-Commerce...
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Pre-Thanksgiving Rally In Abercrombie 'Full Of Stuffing, Not Meat'
Wednesday, November 23, 2016 - 11:41am | 350Prior to the market open on Friday, Abercrombie & Fitch Co. (NYSE: ANF) reported dismal Q3 results, missing on both top- and bottom-line estimates (EPS $0.02 versus the estimated $0.21; revenue of $821.73 million versus the estimated $830.60). Since, the market and the Street have both...
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Why The Only Winner From Abercrombie's Dismal Q3 Could Be American Eagle Outfitter
Monday, November 21, 2016 - 2:48pm | 307Before the market open last Friday Abercrombie & Fitch Co. (NYSE: ANF) reported Q3 results that missed both top- and bottom-line estimates (EPS $0.02 vs. est. $0.21; rev. $821.73 million vs. est. $830.6.0) The market responded and share price dropped by around 12 percent in trading over the day...
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UBS Thinks Abercrombie's Sales Trends Could Improve By Q4
Tuesday, September 20, 2016 - 2:56pm | 310Following its meeting with Abercrombie & Fitch Co. (NYSE: ANF), UBS believes sales trends could improve by the fourth quarter. The firm call the company's plan to boost sales thoughtful. Analyst Michael Binetti noted that a new Hollister loyalty program is responsible for accelerating frequency...
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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...
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Did Mall Retailers Have A Happy Fourth Of July?
Tuesday, July 5, 2016 - 3:02pm | 382Randal J. Konik of Jefferies believes retailers benefited over the Fourth of July weekend from a combination of weather, promotions and healthy traffic. In a research report published Tuesday, Konik offered a deep dive into the retailing sector and included first hand observations. Overall, most...
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Abercrombie's Struggles Are Now Priced In, Says Deutsche Bank
Wednesday, June 15, 2016 - 3:19pm | 259Deutsche Bank upgraded its rating on shares of Abercrombie & Fitch Co. (NYSE: ANF) on Wednesday, from Sell to Hold, keeping its $20 price target, which implies an upside of roughly 4 percent from current valuations. In a research note, the experts explained after diving into the international...
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Should Abercrombie Investors Worry Over Ramsden's Departure?
Thursday, May 5, 2016 - 4:40pm | 487Shares of Abercrombie & Fitch Co. (NYSE: ANF) fell more than 7 percent after the retailer said its Chief Operating Officer Jonathan Ramsden will resign from the company, effective June 15, 2016. The departure of Ramsden, who joined the company as executive vice president and chief financial...
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Jefferies Raises 'Top Pick' Abercrombie & Fitch PT To $50, Cash-Flows Have Been Put To Good Use
Tuesday, March 22, 2016 - 8:44am | 244On Tuesday, Jefferies issued a company note on Abercrombie & Fitch Co. (NYSE: ANF) after recent analysis showed improving company financials, more efficient business operations and appropriate use of cash flows that could drive business value and increase the company's bottom line....
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Abercrombie Fires Executive Who Was Considered To Be Company's Next CEO, Appoints Other Executive As President
Tuesday, December 22, 2015 - 1:55pm | 216Shares of Abercrombie & Fitch Co. (NYSE: ANF) were trading at $27.04, up nearly 6 percent on the day and near session highs of $27.24. Bloomberg reported Tuesday morning that Abercrombie & Fitch fired Christos Angelides, head of its namesake brand. The publication noted that Angelides was...