Abercrombie & Fitch (NYSE:ANF) Releases Q1 2025 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.250-1.450 for the period, compared to the consensus estimate of 3.600. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.6 billion. Abercrombie & Fitch also updated its FY 2025 guidance to 10.400-11.400 EPS.

Abercrombie & Fitch Stock Down 4.1 %

Abercrombie & Fitch stock opened at $83.67 on Friday. Abercrombie & Fitch has a twelve month low of $79.77 and a twelve month high of $196.99. The firm has a 50 day moving average price of $123.78 and a 200-day moving average price of $137.94. The company has a market capitalization of $4.21 billion, a P/E ratio of 8.28 and a beta of 1.45.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 EPS for the quarter, beating analysts’ consensus estimates of $3.48 by $0.09. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The company had revenue of $1.58 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same period in the prior year, the company posted $2.97 EPS. Abercrombie & Fitch’s revenue was up 9.1% compared to the same quarter last year. Equities analysts expect that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

Abercrombie & Fitch announced that its board has initiated a stock buyback program on Wednesday, March 5th that permits the company to repurchase $1.30 billion in outstanding shares. This repurchase authorization permits the apparel retailer to repurchase up to 29.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. JPMorgan Chase & Co. lowered their target price on shares of Abercrombie & Fitch from $189.00 to $168.00 and set an “overweight” rating on the stock in a research note on Wednesday. Morgan Stanley decreased their target price on shares of Abercrombie & Fitch from $149.00 to $139.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 15th. StockNews.com upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research report on Saturday, March 1st. Citigroup decreased their target price on shares of Abercrombie & Fitch from $160.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Jefferies Financial Group decreased their target price on shares of Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating on the stock in a research report on Wednesday. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and an average price target of $147.75.

About Abercrombie & Fitch

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.