A&F(US:ANF) Zhi Tong Cai Jing·2026-01-12 14:40Core Viewpoint - The apparel retail sector in the US is under pressure, with significant declines in stock prices following updated earnings guidance from key companies [1][2] Group 1: Abercrombie & Fitch (ANF) - Abercrombie & Fitch's stock dropped over 17% after it narrowed its earnings and revenue expectations for Q4 FY2025, projecting diluted EPS between $3.50 and $3.60, compared to the previous range of $3.40 to $3.70 [1] - The company anticipates a year-over-year sales increase of approximately 5% for Q4, adjusting its previous guidance of 4% to 6% growth [1] - For the full fiscal year 2025, Abercrombie expects diluted EPS to be in the range of $10.30 to $10.40, slightly revised from the earlier range of $10.20 to $10.50 [1] Group 2: American Eagle Outfitters (AEO) - American Eagle Outfitters' stock fell over 9%, despite raising its Q4 operating profit guidance to between $167 million and $170 million, up from the previous range of $155 million to $160 million [1] - The company noted positive trends across its brands and omnichannel sales, contributing to improved performance expectations [1] - Market reaction remains cautious, as indicated by the stock price decline despite the upward revision in guidance [1] Group 3: Other Apparel Retail Stocks - Urban Outfitters (URBN) saw a decline of over 8% in its stock price [2] - Under Armour (UAA) experienced a drop of over 3.7% [2] - Gap Inc. (GAP) fell by more than 3.4% [2]