Abercrombie & Fitch Company (ANF)
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Abercrombie & Fitch Company (ANF)
Abercrombie & Fitch Company (ANF)
Abercrombie & Fitch Company (ANF)
Ulta will benefit from the ‘lipstick effect’ even if no one is wearing makeup while social distancing
Ulta Beauty, Lululemon Athletica and Abercrombie & Fitch are some of the retailers that analysts say will bounce back from the coronavirus pandemic.
Michael Kors, Reiss and IKEA shut shops across UK amid the coronavirus crisis
Retail giants including Ikea and Selfridges have been forced to close stores amid the worsening pandemic. Designer chains Michael Kors, Reiss and Abercrombie & Fitch also shut up shop in the UK.
Urban Outfitters, Nike, and 9 other major retailers are temporarily closing its stores in an unprecedented move to prevent the spread of the coronavirus
A total of 11 major US retailers have announced they will temporarily close their doors for at least the next two weeks to prevent the spread of the coronavirus in the US. Most of these companies — which range from mall brands like Urban Outfitters to major athletic retailers like Nike — have confirmed they will pay employees for lost shifts during this period. Visit Business Insider's homepage for more stories . In an unprecedented move for US retailers, many are opting to indefinitely shut their doors to prevent the spread of the novel coronavirus in the US. Though companies like Walmart have taken steps to reduce hours , several major retailers are electing to fully cease physical store operations as confirmed coronavirus cases in the country continue to rise. On Friday, Glossier and Patagonia both announced that they will close stores, prompting a flood of retailers to follow suit over the weekend, including mall brands like Abercrombie & Fitch and Urban Outfitters and athletic companies like Nike.
Wedbush's Shopping List: Abercrombie, American Eagle And Burlington Stores
Wedbush consumer analyst Jen Redding has a shopping list of stocks to buy amid a market-wide sell-off with a common theme of fashion names: The Analyst Redding upgraded: Abercrombie & Fitch Co. (NYSE: ANF ) from Neutral to Outperform, price target lifted from $14 to $16. American Eagle Outfitters (NYSE: AEO ) from Neutral to Outperform, unchanged $14 price target. Burlington Stores Inc (NYSE: BURL ) from Neutral to Outperform, price target lifted from $230 to $246. Zumiez Inc. (NASDAQ: ZUMZ ) from Underperform to Neutral, price target lowered from $28 to $23. Abercrombie (NYSE: ANF ): 'Shares Oversold' The fashion retail sector is seeing a headwind from the coronavirus and the negative headlines are likely to continue, Redding wrote in the note. But shares of Abercombie have been pushed to valuation levels not seen since 2008 which makes it an "attractive pick." After all, the company showed a strong comp sales gain in early 2020. The stock is now trading at 2.5 times EV to forward EBITDA which is 68% below the group average of 7.8 times.
Wedbush calls out upside for Abercrombie & Fitch
Wedbush sees Abercrombie & Fitch (NYSE:ANF) as an attractive retail pick with shares down ~33% and traded at a 71% PE discount to the 5-year average multip
Abercrombie & Fitch Earnings: ANF Stock Surges 10% on Q4 Beats
Abercrombie & Fitch (ANF) earnings for the clothing retailer's fiscal fourth quarter of 2019 have ANF stock heading higher on Wednesday.
Abercrombie & Fitch Reports Strong Demand in Fourth-Quarter Beat
Apparel retailer Abercrombie & Fitch reported fiscal-fourth-quarter earnings and revenue ahead of analyst expectations.
Abercrombie's stock rallies after profit beat, in-line sale outlook despite COVID-19 impact
Shares of Abercrombie & Fitch Co. shot up 4.8% in premarket trading Wednesday, after the apparel retailer reported fiscal fourth-quarter profit and sales…
Abercrombie & Fitch Co. EPS beats by $0.08, beats on revenue
Abercrombie & Fitch Co. (NYSE:ANF): Q4 Non-GAAP EPS of $1.31 beats by $0.08; GAAP EPS of $1.29 beats by $0.05. Revenue of $1.18B (+1.7% Y/Y) beats by $10M.
10 Stocks To Watch For March 4, 2020
Some of the stocks that may grab investor focus today are: Wall Street expects Dollar Tree, Inc. (NASDAQ: DLTR ) to report quarterly earnings at $1.75 per share on revenue of $6.39 billion before the opening bell. Dollar Tree shares gained 1.4% to $82.99 in after-hours trading. Analysts expect ABM Industries, Inc. (NYSE: ABM ) to post quarterly earnings at $0.29 per share on revenue of $1.60 billion after the closing bell. ABM shares dropped 2.3% to close at $33.94 on Tuesday. Nordstrom, Inc. (NYSE: JWN ) reported weaker-than-expected results for its fourth quarter on Tuesday. Nordstrom shares dropped 7.2% to $31.05 in the after-hours trading session. Before the markets open, Abercrombie & Fitch Co. (NYSE: Full story available on Benzinga.com
Abercrombie and Fitch (ANF) stock: overwhelming positive sentiment
Abercrombie & Fitch Company (ANF) shares are trading at $22.21, up 2%. The company witnessed a recent selloff. What's driving ANF stock price? What's ANF stock price forecast, and what should investors know about the company?
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