Zacks Research Issues Pessimistic Outlook for ANF Earnings

Abercrombie & Fitch Company (NYSE:ANF) – Analysts at Zacks Research cut their Q2 2027 earnings estimates for shares of Abercrombie & Fitch in a research report issued on Tuesday, June 9th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings per share of $1.94 for the quarter, down from their prior estimate of $2.50. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.62 per share. Zacks Research also issued estimates for Abercrombie & Fitch’s Q2 2028 earnings at $2.42 EPS and Q1 2029 earnings at $1.76 EPS.

A number of other equities research analysts have also recently issued reports on the stock. UBS Group dropped their price target on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a research note on Thursday, May 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Abercrombie & Fitch in a research note on Tuesday, June 2nd. Telsey Advisory Group dropped their price target on shares of Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Wall Street Zen cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Finally, BTIG Research reaffirmed a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Eight research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $112.64.

Abercrombie & Fitch Stock Performance

Abercrombie & Fitch stock opened at $85.40 on Thursday. The company’s fifty day moving average price is $84.13 and its 200 day moving average price is $95.10. Abercrombie & Fitch has a 1 year low of $65.45 and a 1 year high of $133.11. The stock has a market capitalization of $3.79 billion, a P/E ratio of 8.20 and a beta of 0.92.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the company earned $1.59 EPS. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS.

Institutional Investors Weigh In On Abercrombie & Fitch

Several institutional investors and hedge funds have recently added to or reduced their stakes in ANF. Bbfit Investments PTE Ltd. acquired a new stake in Abercrombie & Fitch during the 4th quarter worth $205,539,000. Wellington Management Group LLP boosted its stake in Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock worth $102,148,000 after purchasing an additional 1,173,601 shares during the last quarter. AQR Capital Management LLC boosted its stake in Abercrombie & Fitch by 56.0% during the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after purchasing an additional 898,884 shares during the last quarter. Norges Bank acquired a new position in shares of Abercrombie & Fitch during the 4th quarter valued at about $98,961,000. Finally, M&T Bank Corp acquired a new position in shares of Abercrombie & Fitch during the 4th quarter valued at about $86,383,000.

Trending Headlines about Abercrombie & Fitch

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Zacks Research lifted several forward earnings estimates for Abercrombie & Fitch, including FY2027 to $10.54 per share and FY2028 to $11.62, signaling stronger expected profitability ahead.
• Positive Sentiment: The firm also raised near- and medium-term quarterly estimates for periods such as Q1 2028, Q3 2027, and Q4 2027, which may reinforce confidence in the company’s earnings trajectory.
• Neutral Sentiment: One estimate was cut for Q2 2027 and Q2 2028 earnings, showing that analyst views are not uniformly improving across all future periods.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.