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Retail Stock Ready to Take Off After Earnings
ANFA&F(ANF) schaeffersresearch.com·2024-05-28 18:06

Abercrombie & Fitch Co (NYSE:ANF) is up 2.5% to trade at $153.61, as the red-hot retailer prepares to step into the earnings confessional. The sector staple-- which has caught our eye numerous times in the last 12 months -- will report first-quarter earnings before the market opens tomorrow morning. ANF has closed higher the session after earnings in four of its last eight quarters, including three of the last four that featured a 31.1% pop last May. The shares average a 14.7% swing, regardless of direction ...