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Abercrombie & Fitch Co

Abercrombie & Fitch Co

ANF
$145.23USD↑+1.61%+2.30 today

MARKET CAP

6.2B

P/E (TTM)

13.8x

FWD P/E

—

DAY RANGE

$144 – $148

52W RANGE

$65
$155

AI Summary

Stalk
StalkMedium

Despite a powerful breakout and sustained uptrend, ANF shows signs of late-stage extension with a Blow-Off Top at multi-month highs and extreme overbought conditions. While the medium-term bias remains bullish under Stage 2 advancing dynamics, short-term timing is unfavorable due to overextension and narrowing price action. Execution is deferred—stalking for a pullback into the rising 9/20 EMA zone for a higher-probability entry.

  • ↑Record Q2 net sales of $1.27B (+5% YoY) beats expectations.
  • ↑Operating margin improved to 19.9% on $100M tariff refund.
  • ↓Nonrecurring $100M tariff refund may mask margin pressure.
Full analysis →

The case for & against

Bull & Bear analysis

Bullish

Abercrombie & Fitch Co. (NYSE: ANF) is a leading global retailer of casual wear targeting the teen and young adult demographics through its iconic brands, Abercrombie and Hollister. The company is known for its strong brand identity and comprehensive omnichannel strategies, navigating complex retail dynamics while focusing on expanding its physical presence and digital capabilities. With recent collaborations, such as their partnership with the NFL, Abercrombie is well-positioned to capitalize on favorable market trends and evolving consumer behavior.

Bull says

  • ↑Record Q2 net sales of $1.27B (+5% YoY) beats expectations.
  • ↑Operating margin improved to 19.9% on $100M tariff refund.
  • ↑Plans to open ~130 new stores and remodel 80 existing locations.
  • ↑Share repurchases total $282M YTD, with $500M planned for 2026.
  • ↑AUR growth and flat comps reflect strong traffic and inventory control.
  • ↑Solid balance sheet with low leverage and high earnings yield.

Bear says

  • ↓Nonrecurring $100M tariff refund may mask margin pressure.
  • ↓EMEA sales declined 10% due to geopolitical volatility.
  • ↓ERP system rollout risks operational hiccups and extra costs.
  • ↓Competitive pricing may force deeper discounts, eroding brand value.
  • ↓Tariffs could shave ~290bps off operating margins, sustaining headwinds.
  • ↓Negative momentum and dividend yield factors limit upside; oil-price swings add volatility.

Investment themes with ANF

Buybacks↓ -0.29%

Companies repurchasing their own shares

C · JCI · WFC

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 09-11-2026neutral

Transcript signals

Bull points

  • We had a nice record year, 2024, and our expectation is to have another one right on top of that. So I'm excited about what we're seeing. We are seeing continued incredible excitement about the Hollister brand and some nice improvement in the Abercrombie brand.
  • so as we have invested very heavily in the U.K., we continue to see success in that particular market, you know, opening new stores, investing in marketing, very focused on the product.
  • We're thrilled with what our marketing team has been able to do and the investments that we've been able to make, obviously driving healthy traffic and growing those customer files, which is what we're trying to do here to grow the top line.

Bear points

  • you will see some margin pressure year over year. We talked about about $25 million worth of tariff impact that we're expecting here in the quarter, so call that about a couple hundred basis points on the quarter.
  • we're obviously looking to uncover efficiencies in the cost base. Fran mentioned this, but on the pricing, it's a lever for us, but sitting here today, we're not expecting broad-based ticket increases for the year.
  • the quarter was slightly below our expectations and similar to the first quarter overall. Net sales were lowered by 5% against the backdrop of strong 26% growth in the second quarter of 2024.
Read full transcript analysis ›