Abercrombie & Fitch (ANF) PT Raised to $172 at Morgan Stanley

Abercrombie & Fitch (ANF) PT Raised to $215 at Jefferies

May 29, 2024 1:43 PM EDT

Jefferies analyst Corey Tarlowe raised the price target on Abercrombie & Fitch (NYSE: ANF) to $215.00 (from $155.00) while maintaining a Buy rating.

The analyst comments "ANF beat top-and-bottom-line results with mgmt highlighting strength across all banners and regions. 1Q sales increased 22% YoY and OM%... More

Abercrombie & Fitch (ANF) PT Raised to $167 at JPMorgan

May 29, 2024 12:29 PM EDT

JPMorgan analyst Matthew R. Boss raised the price target on Abercrombie & Fitch (NYSE: ANF) to $167.00 (from $144.00) while maintaining a Neutral rating.

The analyst comments "ANF reported 1Q EPS of $2.14 (vs. Street $1.74) driven by a beat across all line items: (i) consolidated revenues +22.1% Y/Y (above Street +14.5%), (ii) GPM... More

Abercrombie & Fitch (ANF) PT Raised to $149 at CFRA

May 29, 2024 10:18 AM EDT

CFRA analyst Zachary Warring raised the price target on Abercrombie & Fitch (NYSE: ANF) to $149.00 (from $120.00) while maintaining a Hold rating.

The analyst comments "We raise our 12-month price target by $29 to $149, based on 17.5x our FY 25 (Jan.) EPS estimate and higher than... More

Citi Reiterates Neutral Rating on Abercrombie & Fitch (ANF)

May 29, 2024 8:57 AM EDT

Citi analyst Paul Lejeuz reiterated a Neutral rating and $150.00 price target on Abercrombie & Fitch (NYSE: ANF).

The analyst comments "1Q was an exceptional qtr with both A&F (+29% comp vs 4Q +28%) and Hollister (+13% comp vs 4Q +6%) accelerating vs 4Q. Mgmt raised... More

Abercrombie hikes 2024 sales outlook as Q1 results surpass estimates, stock up

May 29, 2024 7:52 AM EDT

Abercrombie & Fitch's (NYSE: ANF) raised the outlook for the full fiscal 2024, sending its shares rising in the market pre-open Wednesday.

For the fiscal Q1 2024, the clothing retailer posted earnings per share (EPS) of $2.14, topping the analyst consensus of $1.70. Revenue came in at $1.02 billion, also above the consensus projection of $961.98... More

Abercrombie & Fitch shares soar as trendy styles help drive annual sales forecast raise

May 29, 2024 7:37 AM EDT

By Anuja Bharat Mistry

(Reuters) -Abercrombie & Fitch raised annual sales growth forecast and posted a better-than-expected first quarter on Wednesday, expecting new and on-trend apparel and accessories to drive demand, sending its shares surging as much as 19%.

Refreshing styles in low-rise baggy pants and wide-leg jeans to appeal to picky shoppers and relying less on discounts aided the Hollister brand owner's margins and lifted comparable sales.

"Our brands are delivering high-quality, on-trend assortments for new and retained... More

Abercrombie & Fitch (ANF) Tops Q1 EPS by 44c; offers outlook

May 29, 2024 7:32 AM EDT

Abercrombie & Fitch (NYSE: ANF) reported Q1 EPS of $2.14, $0.44 better than the analyst estimate of $1.70. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $961.98 million.

Fiscal 2024 Full Year Outlook

"The following outlook replaces all previous... More

Abercrombie & Fitch (ANF) May weekly option implied volatility into quarter results

May 28, 2024 10:55 AM EDT

Abercrombie & Fitch (NYSE: ANF) May weekly call option implied volatility is at 182, June is at 81; compared to its 52-week range of 33 to 91 into the expected release of quarter results before the bell on May 29.

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Abercrombie & Fitch (ANF) May weekly 150 straddle priced into quarter results

May 28, 2024 5:21 AM EDT

Abercrombie & Fitch (NYSE: ANF) May weekly 150 straddle priced for a move of 7.5% into the expected release of quarter results before the bell on May 29.

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