Abercrombie & Fitch Co.

NYSE:ANF Stock Report

Market Cap: US$3.9b

Abercrombie & Fitch Past Earnings Performance

Past criteria checks 3/6

Abercrombie & Fitch has been growing earnings at an average annual rate of 29.9%, while the Specialty Retail industry saw earnings declining at 3.9% annually. Revenues have been growing at an average rate of 9.6% per year. Abercrombie & Fitch's return on equity is 37%, and it has net margins of 9.3%.

Key information

29.87%

Earnings growth rate

34.67%

EPS growth rate

Specialty Retail Industry Growth26.64%
Revenue growth rate9.58%
Return on equity37.03%
Net Margin9.34%
Last Earnings Update02 May 2026

Recent past performance updates

Recent updates

Seeking Alpha Jun 25

Abercrombie & Fitch: Compelling P/E Amid Asia Expansion

Summary Abercrombie & Fitch remains a compelling contrarian buy, trading at depressed valuations despite resilient fundamentals and effective tariff management. ANF expects 3-5% net sales growth for the full year, with improved supply chain strategies reducing expected tariff margin drag to -20bps from -70bps. Full-year EPS guidance is $10.20-$11.00, flat at midpoint, as sales growth offsets tariff and ERP migration costs; buybacks support EPS growth. With $619.2M cash, zero debt, and a 6.3x FY26 ex-cash P/E, ANF offers attractive risk-reward outside chip-heavy sectors. Read the full article on Seeking Alpha
Narrative Update Jun 18

ANF: Guidance And Buybacks Will Offset Tariffs And Mixed Traffic Trends

Analysts have trimmed the fair value estimate for Abercrombie & Fitch to $78.06 from $95.00 as they factor in softer sales trends, moderating revenue growth and margin expectations, as well as more cautious long term P/E assumptions reflected in the latest round of revised price targets. Analyst Commentary Recent Street research around Abercrombie & Fitch reflects a mix of views, but the more cautious voices are increasingly focused on execution risks, softer sales trends and what those might imply for the stock's valuation and growth profile.
Analysis Article Jun 16

Abercrombie & Fitch (ANF) Stock And Valuation After New SoHo Flagship And Summer Promotions

Abercrombie & Fitch (ANF) is in focus after opening a new SoHo flagship alongside aggressive summer promotions, including sitewide discounts and targeted offers, moves that spotlight how management is thinking about customer growth and brand reach. See our latest analysis for Abercrombie & Fitch. Investors have watched momentum pick up again recently, with a 14.56% 7 day share price return and 29.09% 30 day share price return, even as the year to date share price return is down 26.38%. At the...
Narrative Update Jun 03

ANF: Share Repurchases And Maintained Guidance Will Support Future Earnings Power

Abercrombie & Fitch's updated analyst price target has been trimmed to about $111 from roughly $120, as analysts factor in softer comps and margin pressure despite Q1 earnings beats and maintained longer term outlook commentary. Analyst Commentary Recent research on Abercrombie & Fitch reflects a mix of optimism around execution and long term positioning, alongside caution on comps, traffic and macro sensitivity.
Narrative Update May 03

ANF: Guidance And Buybacks Will Steady Margins Through Tariff And ERP Volatility

Abercrombie & Fitch's consensus analyst price target has reset to $95, reflecting a cluster of recent target reductions in the $95 to $149 range, as analysts balance expectations for mid single digit sales growth and double digit margins with near term tariff and ERP related uncertainty. Analyst Commentary Recent research updates point to a more cautious tone around Abercrombie & Fitch, even as longer term guidance still targets mid single digit sales growth and double digit margins.
Narrative Update Apr 19

ANF: Share Repurchases And Guidance Will Support Future Earnings Power

Narrative Update Overview The analyst price target for Abercrombie & Fitch has been trimmed by about $1, reflecting a slightly higher discount rate and lower future P/E assumptions as analysts weigh recent target cuts along with mixed but generally constructive commentary on earnings power and guidance. Analyst Commentary Recent research on Abercrombie & Fitch shows a mix of optimism on earnings power and brand transition alongside fresh caution around guidance, tariffs, and execution risks.
Narrative Update Apr 05

ANF: Guidance And Buybacks Will Support Margins As Mixed Views Persist

Abercrombie & Fitch's analyst price target is updated to $95 from $110 as analysts factor in more moderate revenue growth assumptions, a lower P/E multiple, and slightly better margin expectations following recent research updates across the Street. Analyst Commentary Street research on Abercrombie & Fitch has been mixed, with some firms trimming price targets while others maintain or introduce more constructive views.
Narrative Update Mar 22

ANF: Sustained Earnings Power And Buybacks Will Drive Future Upside Potential

Abercrombie & Fitch's blended analyst price target has been adjusted to reflect mixed moves across the Street, with cuts from $160 to $149 and $135 to $130, offset by increases such as $102 to $114, as analysts factor in Q4 results, FY26 and FY27 guidance, ERP disruption risk, tariffs and what they view as sustainable earnings power. Analyst Commentary Recent research paints a mixed picture for Abercrombie & Fitch, with both upward and downward price target moves clustered around the latest Q4 report, FY26 and FY27 guidance, and near term operational risks.
Narrative Update Mar 06

ANF: Earnings Momentum And Buybacks Will Support Future Upside Potential

The analyst price target for Abercrombie & Fitch has been adjusted modestly lower, as analysts balance softer modeled revenue growth and a slightly lower future P/E around $11 with firmer profit margin assumptions and mixed recent target moves that range from $95 to $149. Analyst Commentary Recent research on Abercrombie & Fitch reflects a mix of optimism about earnings power and caution around execution risks, with price targets spanning roughly $95 to $149 and ratings ranging from Neutral to Buy.
Narrative Update Feb 20

ANF: Recent Selloff And Q3 Beat Will Support Improved Risk Reward Profile

Analysts have raised their average price target for Abercrombie & Fitch to about $155 from $145, reflecting updated models that incorporate recent conference takeaways, Q3 results, and what they view as a more favorable risk and reward profile following the recent selloff. Analyst Commentary Recent research updates show a cluster of bullish analysts revisiting their models and price targets for Abercrombie & Fitch following Q3 results, conference updates, and the recent pullback in the share price.
Analysis Article Feb 10

Earnings Working Against Abercrombie & Fitch Co.'s (NYSE:ANF) Share Price Following 26% Dive

Abercrombie & Fitch Co. ( NYSE:ANF ) shares have retraced a considerable 26% in the last month, reversing a fair amount...
Narrative Update Feb 06

ANF: Earnings Momentum And Buybacks Will Support Upside Despite Margin Pressure

Narrative Update: Abercrombie & Fitch The analyst price target for Abercrombie & Fitch has shifted from about $111 to roughly $128, reflecting analysts' updated views on risk or reward following the recent selloff, recent price target adjustments across firms, and refreshed assumptions for revenue growth, profit margins, and future P/E multiples. Analyst Commentary Recent research on Abercrombie & Fitch reflects a mix of optimism about execution and brand momentum, alongside caution around margins, demand visibility, and how much upside is already reflected in the valuation.
Narrative Update Jan 23

ANF: Recent Guidance And Buybacks Will Counter Near Term Margin Pressure

Analysts have lifted their fair value estimate for Abercrombie & Fitch to $110 from $90, reflecting updated assumptions on revenue growth, profit margins, and a higher future P/E multiple following recent conference feedback, earnings updates, and sector price target revisions across the Street. Analyst Commentary Street research on Abercrombie & Fitch has been active, with several firms updating targets and views based on recent earnings, conference feedback, and sector level revisions.
Narrative Update Jan 08

ANF: Margin Pressures And Promotions Will Test Recent Earnings Strength

Analysts have nudged their fair value estimate for Abercrombie & Fitch up from $84.00 to $90.00. This reflects recent price target increases and updated models that cite Q3 outperformance, sector level inventory discipline, potential EPS growth, and near term margin pressure that is already reflected in what some see as a trough valuation.
Narrative Update Dec 17

ANF: Earnings Momentum And Buybacks Will Support Balanced Outlook Amid Margin Pressures

Analysts have modestly raised their price target on Abercrombie & Fitch, with fair value increasing by about $4 to roughly $111 per share, citing stronger Q3 performance, improved guidance, and a more favorable long term earnings growth outlook, despite some near term margin pressure. Analyst Commentary Street research on Abercrombie & Fitch reflects a generally constructive view on the company’s fundamentals and growth trajectory, with some caution around near term profitability and promotional intensity.
Analysis Article Dec 16

Improved Earnings Required Before Abercrombie & Fitch Co. (NYSE:ANF) Stock's 70% Jump Looks Justified

Abercrombie & Fitch Co. ( NYSE:ANF ) shareholders would be excited to see that the share price has had a great month...
Narrative Update Dec 03

ANF: Earnings Momentum And Share Repurchases Will Support Balanced Future Outlook

Analysts have modestly raised their blended price target on Abercrombie & Fitch, lifting fair value by roughly $6 to about $107 per share, citing Q3 earnings beats, stronger long term revenue growth prospects, and more supportive valuation assumptions despite some near term margin pressure. Analyst Commentary Analyst sentiment on Abercrombie & Fitch remains constructive overall, with most recent target changes reflecting confidence in the durability of earnings growth, even as some caution creeps in around near term profitability.
Analysis Article Nov 28

Abercrombie & Fitch Co. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Shareholders will be ecstatic, with their stake up 36% over the past week following Abercrombie & Fitch Co. 's...
Narrative Update Nov 19

ANF: Leaner Inventories And NFL Partnership Will Support Second Half Momentum

Abercrombie & Fitch's analyst price target has been revised lower to approximately $101 from about $106. Analysts cite recent margin pressures, a higher discount rate, and tempered revenue growth expectations as primary factors for the adjustment.
Narrative Update Nov 05

ANF: Upcoming Apparel Partnerships Will Drive Momentum for the Second Half

Narrative Update on Abercrombie & Fitch Abercrombie & Fitch’s analyst price target has been revised down from $110.56 to $106.44 per share, as analysts factor in softer projected revenue growth and near-term margin pressures. However, there is cautious optimism for the second half of the year.
Narrative Update Oct 22

Analysts Weigh In on Abercrombie and Fitch as Valuation Holds Steady Amid New Partnerships

Analysts have updated their price targets for Abercrombie & Fitch, with some increasing targets by as much as $6 and others lowering them by $6. This comes as a result of a mixed outlook based on Q2 results that showed both areas of strength and ongoing margin pressures.
Narrative Update Oct 08

APAC Expansion And Digital Engagement Will Broaden Market Access

Abercrombie & Fitch's analyst price target has been revised down slightly to approximately $110.56. This reflects updated forecasts that weigh improved profit margins and revenue growth alongside ongoing caution regarding inventory management and future earnings consistency, according to analysts.
Narrative Update Aug 28

APAC Expansion And Digital Engagement Will Broaden Market Access

Analysts have adopted a more cautious stance on Abercrombie & Fitch due to sector headwinds, limited upside near current valuations, prospects for lower 2025 earnings guidance, and tariff concerns, resulting in a modest reduction of the consensus price target from $114.25 to $111.86. Analyst Commentary Increased caution towards the specialty apparel sector heading into the second half of 2025.
Analysis Article Jul 18

If EPS Growth Is Important To You, Abercrombie & Fitch (NYSE:ANF) Presents An Opportunity

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 23

Should You Investigate Abercrombie & Fitch Co. (NYSE:ANF) At US$78.02?

Abercrombie & Fitch Co. ( NYSE:ANF ), is not the largest company out there, but it saw a decent share price growth of...
Analysis Article May 30

Results: Abercrombie & Fitch Co. Beat Earnings Expectations And Analysts Now Have New Forecasts

Abercrombie & Fitch Co. ( NYSE:ANF ) investors will be delighted, with the company turning in some strong numbers with...
Analysis Article May 29

Have Tariffs And Raised Sales Targets Rewritten The Abercrombie & Fitch Investment Story?

Abercrombie & Fitch reported better-than-expected first-quarter results, driven by robust demand and record sales across its brands, especially Hollister, and increased its annual sales guidance, even as tariff impacts prompted the company to lower its yearly profit outlook. While the company is experiencing higher costs due to tariffs, it continues to invest in store expansion and share repurchases, reflecting management’s confidence in ongoing brand strength and sales momentum. We'll examine h
Analysis Article May 02

We Like Abercrombie & Fitch's (NYSE:ANF) Returns And Here's How They're Trending

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Seeking Alpha Apr 21

Abercrombie & Fitch: Great Value As This Company Becomes Cool Again

Summary Stock market turmoil is a prime opportunity for long-term investors to find bargains, with Abercrombie & Fitch being a standout value stock. Abercrombie & Fitch has rebranded successfully, showing double-digit sales growth, particularly through its Hollister subsidiary, making it an attractive buy. Abercrombie does have exposure to tariffs (it sources products from 17 different countries), and we expect the company to lower its guidance when it reports its next results in June. However, the stock trades at an incredible ~5x P/E and FCF multiple, amid a share buyback plan that covers roughly one-third of its current market cap. Read the full article on Seeking Alpha
Analysis Article Mar 29

The Market Doesn't Like What It Sees From Abercrombie & Fitch Co.'s (NYSE:ANF) Earnings Yet As Shares Tumble 26%

Unfortunately for some shareholders, the Abercrombie & Fitch Co. ( NYSE:ANF ) share price has dived 26% in the last...
Seeking Alpha Mar 19

Abercrombie & Fitch's Oversold Status Triggers Rich Triple Digits Upside Potential

Summary ANF's sell off is partly attributed to the intensified tariff war and potential recessionary risks, with it likely impacting its near-term top/ bottom-line performance. This is worsened by the management's underwhelming FY2025 guidance, with the robust growth observed in FY2024 triggering a tougher YoY comparison. Despite so, ANF remains well positioned to weather the near-term uncertainties, thanks to the rich Free Cash Flow generation and healthier balance sheet. Combined with the overly discounted valuations, we believe that the stock now offers an extremely rich triple digits potential upside upon the reversal in market sentiments. We shall further discuss why we continue rating the ANF stock as a Buy. Read the full article on Seeking Alpha
Seeking Alpha Feb 27

Don't Count Out Abercrombie Just Yet

Summary Abercrombie & Fitch's stock has dropped 32% in 2025 despite positive full-year sales guidance from management. Under CEO Fran Horowitz, A&F has seen cash flow generation and strategic digital and store investments, enhancing consumer experience. Abercrombie's price to free cash flow is near multi-year lows. We believe the frenzied selloff in the stock has been overdone when underlying fundamental factors are considered. Read the full article on Seeking Alpha
Seeking Alpha Feb 17

Abercrombie & Fitch: The Market Became Disinterested Too Quickly (Rating Upgrade)

Summary Abercrombie & Fitch has continued to report industry-leading growth and improving margins through a successful omnichannel strategy and brand turnarounds. The market got disinterested in ANF as the company guides for the growth to be slowing down. Regardless, ANF's growth FY2025 prospects remain great with strong brand and ecommerce signals. As the stock has fallen, I believe that there's now a buying opportunity in ANF. I estimate 50% upside to a fair value of $168.25. Read the full article on Seeking Alpha
Analysis Article Feb 04

Abercrombie & Fitch Co. (NYSE:ANF) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough

Abercrombie & Fitch Co. ( NYSE:ANF ) shares have had a horrible month, losing 27% after a relatively good period...
Seeking Alpha Jan 22

Abercrombie Can Easily Cross $10B Market Cap This Year Alone (Rating Upgrade)

Summary Abercrombie & Fitch's Q3 FY24 earnings showed 14% YoY revenue growth and 29% YoY operating income growth, beating estimates and raising FY24 guidance. Despite forward revenue projections indicating a slowdown, the company's international expansion, product innovation, and digital strategy could drive outperformance. Potential risks include higher tariffs and rising yields, but strong fundamentals and growth levers suggest potentially attractive returns, warranting a "buy" rating. I upgraded my price target to $199, representing a 52% upside, based on a balanced valuation model considering both conservative and bullish growth scenarios. Read the full article on Seeking Alpha
Analysis Article Jan 20

What Is Abercrombie & Fitch Co.'s (NYSE:ANF) Share Price Doing?

Abercrombie & Fitch Co. ( NYSE:ANF ), is not the largest company out there, but it saw significant share price movement...
Analysis Article Jan 04

The Trend Of High Returns At Abercrombie & Fitch (NYSE:ANF) Has Us Very Interested

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Seeking Alpha Dec 23

Abercrombie & Fitch: Performing Well But Price Is Stretched, Back To Hold

Summary Abercrombie & Fitch is fairly valued at $160 per share, driven by strong sales, record margins, and digital trends, but growth and margin sustainability are concerns. Hollister is accelerating while A&F is decelerating, with a shift from price-driven growth to unit-driven growth, impacting gross margins. Digital trends remain positive, but inventory costs are rising due to supply chain challenges, and future margin maintenance is uncertain. Valuation at an EV/NOPAT of 12x seems low but reflects optimism; I recommend a Hold at $160 and reconsidering at $140. Read the full article on Seeking Alpha
Analysis Article Dec 20

Earnings Working Against Abercrombie & Fitch Co.'s (NYSE:ANF) Share Price

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") above 19x, you may...

Revenue & Expenses Breakdown

How Abercrombie & Fitch makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:ANF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
02 May 265,2834942,6010
31 Jan 265,2665072,5620
01 Nov 255,1815222,5260
02 Aug 255,1005412,4830
03 May 255,0255332,4540
01 Feb 254,9495662,4290
02 Nov 244,8175372,4040
03 Aug 244,6645022,3410
04 May 244,4654252,2770
03 Feb 244,2813282,2060
28 Oct 234,0282082,0980
29 Jul 233,8511102,0520
29 Apr 233,721362,0200
28 Jan 233,69832,0010
29 Oct 223,659302,0200
30 Jul 223,684792,0180
30 Apr 223,7442052,0020
29 Jan 223,7132631,9650
30 Oct 213,6732801,9830
31 Jul 213,5882751,9520
01 May 213,4211721,9100
30 Jan 213,125-1141,8740
31 Oct 203,188-1131,8690
01 Aug 203,232-1491,8930
02 May 203,374-1861,9780
01 Feb 203,623392,0160
02 Nov 193,594532,0040
03 Aug 193,592712,0040
04 May 193,593982,0070
02 Feb 193,590752,0210
03 Nov 183,628522,0290
04 Aug 183,626382,0260
05 May 183,562262,0100
03 Feb 183,49372,0120
28 Oct 173,336-181,9990
29 Jul 173,299-212,0080
29 Apr 173,302-182,0240
28 Jan 173,32742,0380
29 Oct 163,403132,0320
30 Jul 163,460472,0450
30 Apr 163,495592,0430
30 Jan 163,519362,0560
31 Oct 153,525222,0650
01 Aug 153,558-12,0720

Quality Earnings: ANF has high quality earnings.

Growing Profit Margin: ANF's current net profit margins (9.3%) are lower than last year (10.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ANF's earnings have grown significantly by 29.9% per year over the past 5 years.

Accelerating Growth: ANF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ANF had negative earnings growth (-7.4%) over the past year, making it difficult to compare to the Specialty Retail industry average (0.2%).


Return on Equity

High ROE: ANF's Return on Equity (37%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/25 22:00
End of Day Share Price 2026/06/25 00:00
Earnings2026/05/02
Annual Earnings2026/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Abercrombie & Fitch Co. is covered by 46 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Mark AltschwagerBaird
Matthew McClintockBarclays