Gear Up for Abercrombie (ANF) Q3 Earnings: Wall Street Estimates for Key Metrics

Core Insights - Analysts expect Abercrombie & Fitch (ANF) to report quarterly earnings of $2.15 per share, reflecting a year-over-year decline of 14% [1] - Revenue is projected to be $1.28 billion, indicating a 5.5% increase from the same quarter last year [1] - The consensus EPS estimate has been revised 2% lower over the past 30 days, indicating a reevaluation of initial estimates by analysts [1][2] Revenue and Sales Estimates - Analysts estimate 'Net sales - Hollister' to reach $637.90 million, representing a year-over-year increase of 10.2% [4] - 'Net sales - Abercrombie' is projected to be $634.64 million, showing a slight increase of 0.8% from the previous year [4] - The total number of stores at the end of the period (EOP) is expected to be 819, up from 770 in the same quarter last year [4] Comparable Store Sales - The estimated 'Comparable store sales - Total - YoY change' is 3.5%, a significant decrease from the previous year's figure of 16.0% [5] - 'Comparable store sales - Abercrombie - YoY change' is forecasted to be -4.4%, down from 11.0% in the same quarter last year [5] - Analysts predict 'Comparable store sales - Hollister - YoY change' to be 10.0%, compared to 21.0% reported in the same quarter last year [6] Stock Performance - Over the past month, Abercrombie shares have gained 1.9%, while the Zacks S&P 500 composite has decreased by 0.3% [6] - Based on its Zacks Rank 3 (Hold), ANF is expected to perform in line with the overall market in the upcoming period [6]