NYSE:ANFSpecialty Retail
Abercrombie & Fitch (ANF) Stock Price Reflects Tariff Boost Or Durable Earnings
Abercrombie & Fitch stock slipped 1.35% to US$145.75 by the close, which hardly matches the scale of the quarter it just put up. Q2 basic earnings per share landed at US$4.20 on net income of about US$183.7m, powered in part by a sizeable tariff refund that padded operating margins and headline profit.
For short term traders, the modest red on the screen might feel underwhelming after a run that has nearly doubled the stock over three months. Longer term investors will be more focused on what...