Form 3 ABERCROMBIE & FITCH CO For: Aug 21 Filed by: Clarke Andrew Paul
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CFRA Upgrades Abercrombie & Fitch (ANF) to Buy
August 28, 2024 11:18 AM EDTCFRA analyst Zachary Warring upgraded Abercrombie & Fitch (NYSE: ANF) from Hold to Buy with a price target of $198.00 (from $149.00).
The analyst comments "We raise our 12-month price target by $49 to $198, based on 17.2x our FY 26 (Jan.) EPS estimate and in line with the company's... More
Abercrombie & Fitch (ANF) posts Q2 earnings, revenue beat
August 28, 2024 7:43 AM EDT(Updated - August 28, 2024 9:49 AM EDT)
Abercrombie & Fitch (NYSE: ANF) reported better-than-expected second-quarter earnings and revenue on Wednesday, but its shares fell more than 14% following the release.
The apparel retailer posted adjusted earnings per share of $2.50, surpassing analyst estimates of $2.19. Revenue came in at $1.13 billion, beating the consensus forecast of $1.1 billion and representing a 21% YoY increase. Comparable sales... More
