Abercrombie & Fitch (NYSE:ANF) Updates FY 2025 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 10.400-11.400 for the period, compared to the consensus estimate of 10.700. The company issued revenue guidance of $5.1 billion-$5.2 billion, compared to the consensus revenue estimate of $5.3 billion. Abercrombie & Fitch also updated its FY26 guidance to $10.40-11.40 EPS.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. StockNews.com upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Saturday, March 1st. UBS Group raised Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $173.00 to $220.00 in a research report on Friday, January 10th. Telsey Advisory Group reduced their price objective on Abercrombie & Fitch from $190.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday. Morgan Stanley lowered their price objective on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 15th. Finally, Raymond James cut their target price on shares of Abercrombie & Fitch from $180.00 to $165.00 and set an “outperform” rating for the company in a research note on Tuesday, January 14th. Two research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $163.38.

Abercrombie & Fitch Trading Down 9.0 %

Shares of NYSE ANF opened at $87.43 on Thursday. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of 8.65 and a beta of 1.45. Abercrombie & Fitch has a one year low of $79.77 and a one year high of $196.99. The business has a fifty day simple moving average of $123.78 and a 200 day simple moving average of $137.94.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings data on Wednesday, March 5th. The apparel retailer reported $3.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.48 by $0.09. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The company had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the prior year, the company posted $2.97 EPS. The business’s revenue was up 9.1% on a year-over-year basis. On average, research analysts anticipate that Abercrombie & Fitch will post 10.62 earnings per share for the current fiscal year.

Abercrombie & Fitch announced that its board has authorized a share repurchase plan on Wednesday, March 5th that authorizes the company to buyback $1.30 billion in outstanding shares. This buyback authorization authorizes the apparel retailer to purchase up to 29.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.