A&F-Abercrombie & Fitch (ANF) Outperforms Broader Market: What You Need to Know

Group 1 - Abercrombie & Fitch's stock closed at $120.83, reflecting a +1.09% change from the previous day, outperforming the S&P 500's gain of 0.92% [1] - Over the past month, Abercrombie & Fitch shares have decreased by 22.71%, underperforming the Retail-Wholesale sector's increase of 4.85% and the S&P 500's increase of 0.81% [1] Group 2 - The upcoming earnings report for Abercrombie & Fitch is expected to show earnings of$ 3.51 per share, representing an 18.18% year-over-year growth, with projected revenue of $1.56 billion, indicating a 7.69% increase from the same quarter last year [2] - For the annual period, earnings are anticipated to be$ 10.64 per share and revenue at $4.93 billion, reflecting increases of +69.43% and +15.13% respectively from the previous year [3] Group 3 - Recent modifications to analyst estimates for Abercrombie & Fitch indicate changing business trends, with positive revisions suggesting analyst optimism regarding the company's profitability [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Abercrombie & Fitch at 2 (Buy), with a consensus EPS projection having increased by 0.04% in the past 30 days [5][6] Group 4 - Abercrombie & Fitch is trading at a Forward P/E ratio of 11.24, which is lower than the industry average Forward P/E of 16.13, indicating a valuation discount [7] - The Retail - Apparel and Shoes industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 43, placing it in the top 18% of over 250 industries [7][8]