Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €79.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 10x in the Specialty Retail industry in Germany. Announcement • May 28
Abercrombie & Fitch Co. Provides Earnings Guidance for the Second Quarter of Fiscal 2026 and Maintains Earnings Guidance for the Full Year Fiscal 2026 Abercrombie & Fitch Co. provided earnings guidance for the second quarter of fiscal 2026 and maintained full year fiscal 2026. For the second quarter of fiscal 2026, the company expects net sales growth of 2% to 4% to the Second Quarter 2025 level of $1.2 billion and net income per diluted share in the range of $1.80 to $2. Operating margin to be Around 10.0%.
For the full year of fiscal 2026, the company expects net sales growth of 3% to 5% from $5.27 billion in 2025 and earnings per diluted share in the range of $10.20 to $11.00. Operating margin to be In the Range of 12.0% to 12.5%. Reported Earnings • May 27
First quarter 2027 earnings released: EPS: US$1.49 (vs US$1.63 in 1Q 2026) First quarter 2027 results: EPS: US$1.49 (down from US$1.63 in 1Q 2026). Revenue: US$1.11b (up 1.5% from 1Q 2026). Net income: US$67.1m (down 17% from 1Q 2026). Profit margin: 6.0% (down from 7.3% in 1Q 2026). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Specialty Retail industry in Germany. Valuation Update With 7 Day Price Move • May 21
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to €61.00, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Reported Earnings • Mar 06
Full year 2026 earnings released: EPS: US$10.71 (vs US$11.14 in FY 2025) Full year 2026 results: EPS: US$10.71 (down from US$11.14 in FY 2025). Revenue: US$5.27b (up 6.4% from FY 2025). Net income: US$506.9m (down 11% from FY 2025). Profit margin: 9.6% (down from 11% in FY 2025). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 3.0% vs FY 2025 Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Announcement • Mar 05
Abercrombie & Fitch Co. Provides Earnings Guidance for the First Quarter Fiscal 2026 and Full Year Fiscal 2026 Abercrombie & Fitch Co. provided earnings guidance for the first quarter fiscal 2026 and full year fiscal 2026. For the first quarter of fiscal 2026, the company expects net sales growth of 1% to 3% and net income per diluted share in the range of $1.20 to $1.30. Operating margin to be Around 7.0%.
For the full year of fiscal 2026, the company expects net sales growth of 3% to 5% and net income per diluted share in the range of $10.20 to $11.00. Operating margin to be In the Range of 12.0% to 12.5%. New Risk • Feb 23
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 2.3% per year for the foreseeable future. High level of non-cash earnings (23% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change). Announcement • Feb 11
Abercrombie & Fitch Co. Announces Its A Division Abercrombie Kids Launches Baby & Toddler Collection, Expanding Its Offerings to Include Newborn to 5T Sizes Abercrombie & Fitch Co. announced its division abercrombie kids announced that it is expanding its size offerings with the launch of its new Baby & Toddler Collection. The introduction marks the brand's first expansion into baby and toddler apparel, with sizes ranging from newborn to 5T, allowing families to dress their children in abercrombie styles from their earliest moments. Designed for everyday wear, playtime, special events and everything in between, the Baby & Toddler Collection brings Abercrombie & Fitch's signature approach to children's clothing to the earliest stages of life. The assortment features soft, durable fabrics, versatile silhouettes and classic detailing intended to support comfort and ease of movement. With the addition of newborn, baby and toddler sizing, abercrombie kids now offers apparel across every stage of childhood, creating a single, trusted destination for families. Announcement • Feb 06
Abercrombie & Fitch Co. to Report Q4, 2026 Results on Mar 04, 2026 Abercrombie & Fitch Co. announced that they will report Q4, 2026 results at 7:30 AM, US Eastern Standard Time on Mar 04, 2026 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to €89.41, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €84.88 per share. Announcement • Dec 16
Abercrombie & Fitch Co. Promotes Robert J. Ball from Senior Vice President and Chief Financial Officer to Executive Vice President and Chief Financial Officer, Effective December 11, 2025 On December 11, 2025 (the “Effective Date”), Abercrombie & Fitch Co. (the “Company”) promoted Robert J. Ball from Senior Vice President and Chief Financial Officer to Executive Vice President and Chief Financial Officer. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €96.36, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €93.82 per share. Reported Earnings • Nov 26
Third quarter 2026 earnings released: EPS: US$2.41 (vs US$2.59 in 3Q 2025) Third quarter 2026 results: EPS: US$2.41 (down from US$2.59 in 3Q 2025). Revenue: US$1.29b (up 6.8% from 3Q 2025). Net income: US$113.0m (down 14% from 3Q 2025). Profit margin: 8.8% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Specialty Retail industry in Germany. New Risk • Nov 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 2.6% per year for the foreseeable future. High level of non-cash earnings (33% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Significant insider selling over the past 3 months (€998k sold). Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to €74.29, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Specialty Retail industry in Germany. Simply Wall St's valuation model estimates the intrinsic value at €122 per share. New Risk • Nov 13
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. High level of non-cash earnings (33% accrual ratio). Minor Risk Significant insider selling over the past 3 months (€998k sold). Announcement • Oct 31
Abercrombie & Fitch Co. to Report Q3, 2026 Results on Nov 25, 2025 Abercrombie & Fitch Co. announced that they will report Q3, 2026 results at 7:30 AM, US Eastern Standard Time on Nov 25, 2025 Buy Or Sell Opportunity • Oct 06
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at €67.17. The fair value is estimated to be €87.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 74%. Revenue is forecast to grow by 9.1% in 2 years. Earnings are forecast to decline by 1.7% in the next 2 years. Reported Earnings • Sep 10
Second quarter 2026 earnings released: EPS: US$2.97 (vs US$2.60 in 2Q 2025) Second quarter 2026 results: EPS: US$2.97 (up from US$2.60 in 2Q 2025). Revenue: US$1.21b (up 6.6% from 2Q 2025). Net income: US$141.4m (up 6.2% from 2Q 2025). Profit margin: 12% (in line with 2Q 2025). Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Specialty Retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth. Announcement • Aug 02
Abercrombie & Fitch Co. to Report Q2, 2025 Results on Aug 28, 2024 Abercrombie & Fitch Co. announced that they will report Q2, 2025 results at 7:30 AM, US Eastern Standard Time on Aug 28, 2024 Announcement • May 31
Abercrombie & Fitch Co. Provides Earnings Guidance for the Second Quarter of 2024 Abercrombie & Fitch Co. provided earnings guidance for the second quarter of 2024. For the second quarter of fiscal 2024, the company expects:· net sales growth to be up mid-teens compared to fiscal second quarter 2023 level of $935 million. Announcement • May 05
Abercrombie & Fitch Co. to Report Q1, 2025 Results on May 29, 2024 Abercrombie & Fitch Co. announced that they will report Q1, 2025 results at 7:30 AM, US Eastern Standard Time on May 29, 2024 Announcement • May 01
Abercrombie & Fitch Co., Annual General Meeting, Jun 12, 2024 Abercrombie & Fitch Co., Annual General Meeting, Jun 12, 2024, at 10:00 US Eastern Standard Time. Agenda: To elect the nine director nominees named in the Proxy Statement to serve until the 2025 Annual Meeting of Stockholders; to conduct an advisory vote to approve the compensation of the named executive officers for Fiscal 2023; and to ratify the appointment of PricewaterhouseCoopers LLP as an independent registered public accounting firm for Fiscal 2024. Announcement • Mar 06
Abercrombie & Fitch Co. Provides Earnings Guidance for the First Quarter and Full Year 2024 Abercrombie & Fitch Co. provided earnings guidance for the first quarter and full year 2024. for the quarter, the company expects net sales to be up low double-digits to fiscal first quarter 2023 level of $836 million.For the year, the company expects Net sales growth in the range of 4% to 6% from $4.3 billion in fiscal 2023, which includes the adverse impact of approximately $50 million from the 53rd reporting week in fiscal 2023. The company expects Abercrombie brands will continue to outperform Hollister brands and the Americas will continue to lead the regional performance. the company also expect the year-over-year growth rate to be higher in the first half of the year, partially due to the calendar shifts from the 53rd week in 2023. Announcement • Feb 07
Kristin Scott to Leave Abercrombie & Fitch Co. as President, Global Brands and Managing Director, North America, Effective no Later Than March 30, 2024 On February 6, 2024, Abercrombie & Fitch Co. announced that on February 2, 2024, the company’s Board of Directors had determined to eliminate the role of President, Global Brands. As a result, Kristin Scott, the Company’s President, Global Brands and Managing Director, North America, will be leaving the Company no later than March 30, 2024 (such date, the “Separation Date”). During a transition period from February 5, 2024 through the Separation Date, Ms. Scott will continue to serve in her current role. As of the date of this Current Report on Form 8-K, the Company and Ms. Scott had not yet finalized the terms of her separation from service with the Company. Announcement • Feb 03
Abercrombie & Fitch Co. to Report Q4, 2024 Results on Mar 06, 2024 Abercrombie & Fitch Co. announced that they will report Q4, 2024 results at 7:30 AM, US Eastern Standard Time on Mar 06, 2024 Announcement • Jan 09
Abercrombie & Fitch Co. Provides Earnings Guidance for the Fourth Quarter and Full Year 2023 Abercrombie & Fitch Co. provided earnings guidance for the fourth quarter and full year 2023. For the quarter, the company expects net sales for the current quarter to be up-high teens against up-low double digits a year ago.For the year, the company expects net sales for the current year to be growth of 14%-15% against growth of 12% to 14% a year ago. Announcement • Nov 11
Abercrombie & Fitch Co. Announces Election of Arturo Nuñez to Its Board of Directors Abercrombie & Fitch Co. announced the election of Arturo Nuñez to its Board of Directors, effective November 7, 2023. Mr. Nuñez, 56, is the founder and CEO of AIE Creative, a firmproviding meaningful and immersive brand strategies and marketing experiences. Previously, he was the Chief Marketing Officer of Nu Holdings Ltd. (Nubank), a digital banking platform headquartered in Brazil, where he ran its global marketing efforts in Brazil, Mexico, and Colombia. He has also previously held leadership positions at Apple, Nike and the National Basketball Association, serving in marketing and general management roles across a number of markets. Mr. Nuñez currently serves on the board of directors for The Estée Lauder CompaniesInc. Announcement • Oct 28
Abercrombie & Fitch Co. to Report Q3, 2024 Results on Nov 21, 2023 Abercrombie & Fitch Co. announced that they will report Q3, 2024 results at 7:30 AM, US Eastern Standard Time on Nov 21, 2023 Announcement • Aug 05
Abercrombie & Fitch Co. to Report Q2, 2024 Results on Aug 23, 2023 Abercrombie & Fitch Co. announced that they will report Q2, 2024 results at 7:30 AM, US Eastern Standard Time on Aug 23, 2023 Announcement • May 19
Abercrombie & Fitch Co. Appoints Helen Vaid as Member of the Compensation and Human Capital Committee On February 17, 2023, Abercrombie & Fitch Co. announced the appointment of Helen Vaid to the Company’s Board of Directors (the “Board”) effective February 16, 2023. On May 17, 2023, upon the recommendation of the Nominating and Board Governance Committee of the Board, the Board appointed Ms. Vaid to serve as a member of the Compensation and Human Capital Committee of the Board, with such appointment to be effective immediately and with such service to be at the pleasure of the Board. Announcement • May 06
Abercrombie & Fitch Co. to Report Q1, 2024 Results on May 24, 2023 Abercrombie & Fitch Co. announced that they will report Q1, 2024 results at 7:30 AM, US Eastern Standard Time on May 24, 2023 Announcement • Feb 18
Abercrombie & Fitch Co. Announces Election of Helen Vaid as an Independent Director Abercrombie & Fitch Co. announced the election of Helen Vaid as an independent director, effective February 16, 2023. Ms. Vaid, 51, was most recently the Chief Executive Officer of Foundry Brands, a digitally native brand platform. In that role, which she held until February 2023, she was responsible for accelerating the omni-channel growth of Foundry’s suite of consumer brands across a range of product categories. Prior to joining Foundry Brands, Ms. Vaid held a number of customer-centric leadership roles, responsible for growing businesses in both the digital and physical spaces, including Global Chief Customer Officer of Pizza Hut, a subsidiary of Yum! Brands Inc. and Vice President of Digital Store Operations and Experience at Walmart.com, a division of Walmart Inc. She also held several technology-focused roles at Hewlett Packard Enterprise. Ms. Vaid also currently serves on the board of directors for Groupon Inc. Announcement • Feb 04
Abercrombie & Fitch Co. to Report Q4, 2023 Results on Mar 01, 2023 Abercrombie & Fitch Co. announced that they will report Q4, 2023 results at 7:30 AM, US Eastern Standard Time on Mar 01, 2023 Announcement • Jan 11
Abercrombie & Fitch Co. Revises Earnings Guidance for the Fourth Quarter and Full Year of 2022 Abercrombie & Fitch Co. revised earnings guidance for the fourth quarter and full year of 2022. For the quarter, the company expects revised net sales of up in the range of 1% to 2% compared to previously expected net sales of down in the range of 2% to 4%. For the year, the company expects revised net sales of down around 1% compared to previously expected net sales of down in the range of 2% to 3%. Announcement • Nov 23
Abercrombie & Fitch Co. Announces Board of Directors Leadership Transition Abercrombie & Fitch Co. announced a change in its Board of Directors as part of a leadership transition. After five years in the position and in connection with his plans to retire as a Director, Terry Burman will step down as Chairperson of the Board at the conclusion of the company’s fiscal year ending on January 28, 2023, and will not stand for re-election at the Company’s 2023 Annual Meeting of Stockholders. Nigel Travis, current Director and Chair of the Nominating and Board Governance Committee of the Board, will assume the role of Chairperson effective January 28, 2023. Mr. Burman joined the Board in January 2014 and was appointed Non-Executive Chairperson in February 2018. Mr. Travis joined the Board as an independent director in February 2019. Nigel Travis has served in executive leadership roles at several global companies within the retail and restaurant industries. A longtime leader at Dunkin Brands Group Inc., including through its IPO in 2011, he served as Chief Executive Officer (January 2009 to July 2018) and Executive Chairman of the Board (May 2013 to December 2018) until transitioning to Non-Executive Chairman (January 2019 to December 2020). He also served as President and Chief Executive Officer and on the board of Papa John’s International (2005 to 2008), and in roles of increasing responsibility at Blockbuster Inc., including President and Chief Operating Officer (1994 to 2004). Mr. Travis, a Director on Abercrombie & Fitch Co.’s Board since February 2019, currently serves as Chair of the Nominating and Board Governance Committee and is a member of the Audit and Finance Committee and the Executive Committee. Mr. Travis also currently serves as on the board of directors of Advance Auto Parts Inc. (August 2018 to present). Announcement • Oct 29
Abercrombie & Fitch Co. to Report Q3, 2023 Results on Nov 22, 2022 Abercrombie & Fitch Co. announced that they will report Q3, 2023 results at 7:30 AM, Eastern Standard Time on Nov 22, 2022 Announcement • Aug 24
Abercrombie & Fitch Co. to Report Q2, 2023 Results on Aug 25, 2022 Abercrombie & Fitch Co. announced that they will report Q2, 2023 results at 7:30 AM, US Eastern Standard Time on Aug 25, 2022 Announcement • Aug 02
Abercrombie & Fitch Co. Announces Changes to its Board of Directors Abercrombie & Fitch Co. announced a change in its Board of Directors. Effective August 1, 2022, Felix Carbullido will no longer serve on Abercrombie & Fitch Co.’s Board. After three years with the company, Mr. Carbullido is stepping down from A&F Co.’s Board due to an increase in responsibilities given his newly appointed role as President of the Williams Sonoma brand of Williams-Sonoma Inc. Buying Opportunity • May 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 41%. The fair value is estimated to be €25.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 60%. Revenue is forecast to grow by 1.8% in 2 years. Earnings is forecast to decline by 37% in the next 2 years. Announcement • May 26
Abercrombie & Fitch Co. Provides Earnings Guidance for the Second Quarter and Full Fiscal Year 2022 Abercrombie & Fitch Co. provided earnings guidance for the second quarter and full fiscal year 2022. For the quarter, the company expects Net sales to be down low-single-digits to fiscal second quarter 2021 level of $865 million, reflecting a combined, estimated adverse impact of approximately 300 basis points from foreign currency and COVID-related lockdowns in China and approximately 300 basis points due to an assumed impact of inflationary impact on consumer demand.For the year, the company expects Net sales to be flat to up 2% from $3.7 billion in 2021, down from previous outlook of up 2 to 4% driven by a combined 200 basis point adverse impact from foreign currency and an assumed inflationary impact on consumer demand, partially offset by higher-than-expected sales in Q1. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorated over the past week After last week's 39% share price decline to €18.69, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Specialty Retail industry in Europe. Total loss to shareholders of 39% over the past year. Announcement • May 07
Abercrombie & Fitch Co. to Report Q1, 2023 Results on May 24, 2022 Abercrombie & Fitch Co. announced that they will report Q1, 2023 results at 7:30 AM, US Eastern Standard Time on May 24, 2022 Announcement • Apr 26
Abercrombie & Fitch Co., Annual General Meeting, Jun 08, 2022 Abercrombie & Fitch Co., Annual General Meeting, Jun 08, 2022, at 10:00 Eastern Daylight. Board Change • Mar 29
High number of new directors Independent Director Ken Robinson was the last director to join the board, commencing their role in 2021. Reported Earnings • Mar 05
Full year 2022 earnings: Revenues and EPS in line with analyst expectations Full year 2022 results: EPS: US$4.41 (up from US$1.82 loss in FY 2021). Revenue: US$3.71b (up 19% from FY 2021). Net income: US$263.0m (up US$377.0m from FY 2021). Profit margin: 7.1% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 3.5%, compared to a 18% growth forecast for the retail industry in Germany. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment deteriorated over the past week After last week's 22% share price decline to €26.85, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total returns to shareholders of 18% over the past year. Announcement • Feb 17
Abercrombie & Fitch Launches Associate-Designed For Justice Collection to Amplify Black Voices Abercrombie & Fitch, announced the third installment of its “For Justice” collection. A gender-inclusive, purpose-led product capsule called “For Justice, For Growth,” the collection was designed by members of Abercrombie & Fitch Co.’s BIPOC Associate Resource Group with the intention of amplifying Black voices throughout Black History Month and beyond. With pieces across the Abercrombie & Fitch and abercrombie kids brands, the collection’s designs feature Abercrombie associates’ own words, calling for unity, equity, the need to elevate Black voices, and respect both Black history and Black futures. Abercrombie will be donating $250,000 in anticipated proceeds from the collection’s sales to The Steve Fund, the nation’s premier organization dedicated to supporting the mental health and emotional well-being of young people of color. Abercrombie has partnered with The Steve Fund since 2020 as part of The Abercrombie Equity Project, the brand’s initiative dedicated to social and racial justice. Announcement • Feb 05
Abercrombie & Fitch Co. to Report Q4, 2022 Results on Mar 02, 2022 Abercrombie & Fitch Co. announced that they will report Q4, 2022 results at 7:30 AM, US Eastern Standard Time on Mar 02, 2022 Valuation Update With 7 Day Price Move • Jan 31
Investor sentiment improved over the past week After last week's 19% share price gain to €34.11, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Specialty Retail industry in Europe. Total returns to shareholders of 80% over the past year. Announcement • Jan 12
Abercrombie & Fitch Co. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2021 Abercrombie & Fitch Co. provided earnings guidance for the fourth quarter and Fiscal Year 2021. For the quarter, Company expects Net sales up in the range of 4% to 6% compared to 2020 net sales of $1.122 billion and flat to down 2% compared to 2019 net sales of $1.185 billion, reflecting ongoing U.S. and digital momentum.For the year, company expects Net sales up in the range of 19% to 20% compared to 2020 net sales of $3.125 billion. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment deteriorated over the past week After last week's 18% share price decline to €32.32, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 69% over the past year. Recent Insider Transactions • Nov 30
Independent Director recently sold €349k worth of stock On the 24th of November, Sarah Gallagher sold around 10k shares on-market at roughly €34.94 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €235k more than they bought in the last 12 months. Reported Earnings • Nov 24
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: EPS: US$0.80 (up from US$0.68 in 3Q 2021). Revenue: US$905.2m (up 10% from 3Q 2021). Net income: US$47.2m (up 12% from 3Q 2021). Profit margin: 5.2% (in line with 3Q 2021). Revenue exceeded analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 4.3%, compared to a 19% growth forecast for the industry in Germany. Announcement • Nov 24
Abercrombie & Fitch Co. (NYSE:ANF) announces an Equity Buyback for $500 million worth of its shares. Abercrombie & Fitch Co. (NYSE:ANF) announces a share repurchase program. Under the program, the company will repurchase up to $500 million worth of shares. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improved over the past week After last week's 19% share price gain to €40.20, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 13x in the Specialty Retail industry in Europe. Total returns to shareholders of 206% over the past year. Reported Earnings • Aug 28
Second quarter 2022 earnings released: EPS US$1.77 (vs US$0.087 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: US$864.9m (up 24% from 2Q 2021). Net income: US$108.5m (up US$103.0m from 2Q 2021). Profit margin: 13% (up from 0.8% in 2Q 2021). The increase in margin was driven by higher revenue. Executive Departure • Jun 15
Independent Director Archie Griffin has left the company On the 10th of June, Archie Griffin's tenure as Independent Director ended after 20.9 years in the role. We don't have any record of a personal shareholding under Archie's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.38 years. Reported Earnings • Jun 12
First quarter 2022 earnings released: EPS US$0.67 (vs US$3.90 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$781.4m (up 61% from 1Q 2021). Net income: US$41.8m (up US$285.9m from 1Q 2021). Profit margin: 5.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Announcement • May 28
Abercrombie & Fitch Co. Project Launch Co-Designed Pride Collection Abercrombie & Fitch Co. announced the launch of its 2021 Pride collection for both the Abercrombie & Fitch and abercrombie kids brands. The collection was co-created with The Trevor Project, the world’s largest suicide prevention and crisis intervention organization for lesbian, gay, bisexual, transgender, queer and questioning (LGBTQ) young people. Reported Earnings • May 28
First quarter 2022 earnings released: EPS US$0.67 (vs US$3.90 loss in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: US$781.4m (up 61% from 1Q 2021). Net income: US$41.8m (up US$285.9m from 1Q 2021). Profit margin: 5.3% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Reported Earnings • Mar 31
Full year 2021 earnings released: US$1.82 loss per share (vs US$0.61 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: US$3.13b (down 14% from FY 2020). Net loss: US$114.0m (down 390% from profit in FY 2020). Recent Insider Transactions • Mar 18
Independent Director recently bought €63k worth of stock On the 15th of March, Suzanne Coulter bought around 2k shares on-market at roughly €29.00 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €318k more in shares than they bought in the last 12 months. Analyst Estimate Surprise Post Earnings • Mar 03
Revenue beats expectations Revenue exceeded analyst estimates by 0.1%. Over the next year, revenue is forecast to grow 12%, compared to a 7.3% growth forecast for the Specialty Retail industry in Germany. Reported Earnings • Mar 03
Full year 2021 earnings released: US$1.82 loss per share (vs US$0.61 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: US$3.13b (down 14% from FY 2020). Net loss: US$114.0m (down 390% from profit in FY 2020). Is New 90 Day High Low • Feb 25
New 90-day high: €22.94 The company is up 20% from its price of €19.11 on 27 November 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.24 per share. Is New 90 Day High Low • Feb 08
New 90-day high: €21.26 The company is up 34% from its price of €15.80 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €7.52 per share. Announcement • Feb 06
Abercrombie & Fitch Co. Announces Election of Ken Robinson to Board of Directors Abercrombie & Fitch Co. announced the election of Kenneth (Ken) Robinson as a director, effective February 4, 2021. Mr. Robinson, whom the full board of directors has determined qualifies as an independent director under applicable corporate governance requirements, will serve as a member of the board’s audit and finance committee. Mr. Robinson was most recently the Senior Vice President, Audit and Controls for Exelon Corporation. Announcement • Feb 05
Abercrombie & Fitch Co. to Report Q4, 2021 Results on Mar 02, 2021 Abercrombie & Fitch Co. announced that they will report Q4, 2021 results at 7:30 AM, US Eastern Standard Time on Mar 02, 2021 Announcement • Jan 28
Abercrombie & Fitch Co. Names Holly May Chief Human Resources Officer Abercrombie & Fitch Co. has appointed Holly May as its Chief Human Resources Officer. In this role, Ms. May leads the company’s global human resources function and strategy, including talent management and leadership development, diversity and inclusion, compensation and benefits, and all other facets of organizational, talent and culture building initiatives. Ms. May joins Abercrombie & Fitch Co. from Starbucks, where she served as the Senior Vice President of Global Total Rewards and Service Delivery. Is New 90 Day High Low • Jan 14
New 90-day high: €19.68 The company is up 40% from its price of €14.02 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.64 per share. Reported Earnings • Dec 10
Third quarter 2021 earnings released: EPS US$0.68 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$819.7m (down 5.1% from 3Q 2020). Net income: US$42.3m (up US$35.7m from 3Q 2020). Profit margin: 5.2% (up from 0.8% in 3Q 2020). The increase in margin was driven by lower expenses. Analyst Estimate Surprise Post Earnings • Dec 10
Revenue beats expectations Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.7%, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Analyst Estimate Surprise Post Earnings • Nov 29
Revenue beats expectations Revenue exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 5.6%, compared to a 7.0% growth forecast for the Specialty Retail industry in Germany. Recent Insider Transactions • Nov 29
Independent Director recently sold €381k worth of stock On the 25th of November, Charles Perrin sold around 20k shares on-market at roughly €19.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €95k more than they sold in the last 12 months. Reported Earnings • Nov 29
Third quarter 2021 earnings released: EPS US$0.68 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: US$819.7m (down 5.1% from 3Q 2020). Net income: US$42.3m (up US$35.7m from 3Q 2020). Profit margin: 5.2% (up from 0.8% in 3Q 2020). The increase in margin was driven by lower expenses. Announcement • Aug 29
Abercrombie & Fitch Co. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2020 Abercrombie & Fitch Co. expects to continue to see, material adverse impacts as a result of COVID-19. As a result, for the third quarter of fiscal 2020, the company expects net sales to be down in the range of 15% to 20% as compared to last year. As the current circumstances and the impacts of COVID-19 on the company's operations, including the duration and
impact on overall customer demand, are dynamic, the company is not providing additional details for the third quarter or full year of fiscal 2020. Announcement • Aug 01
Abercrombie & Fitch Co. to Report Q2, 2021 Results on Aug 27, 2020 Abercrombie & Fitch Co. announced that they will report Q2, 2021 results at 7:30 AM, US Eastern Standard Time on Aug 27, 2020 
