
ANF Stock Forecast & Price Target
ANF Analyst Ratings
Bulls say
Abercrombie & Fitch Co. is projecting a robust financial outlook, with expected net sales growth of approximately 15% for FY24 and a targeted increase of 4%-6% year-over-year for the first quarter. Key performance indicators reflect strong consumer demand, highlighted by record holiday sales driven by popular categories such as denim, fleece, and sweaters. Furthermore, revenue growth at the Hollister brand has shown significant momentum, with double-digit improvements of 16% in the fourth quarter and 15% for the full year, reinforcing the company's positive trajectory in the retail market.
Bears say
The financial outlook for Abercrombie & Fitch is bleak, indicated by a reduction in expected consolidated comparable sales growth for FY25 to 2%, down from a prior estimate of 3.5%, following a challenging FY24 with a growth of 17%. Operating expenses are projected to comprise 46.5% of sales, reflecting a decline compared to the consensus of 46.9%, driven by factors such as a calendar shift and adverse foreign exchange impacts. Additionally, anticipated margin pressures from the volatile freight market following a strike and a high tax rate of 20% for Q4 further contribute to the negative sentiment surrounding the company's future performance.
This aggregate rating is based on analysts' research of Abercrombie & Fitch and is not a guaranteed prediction by Public.com or investment advice.
ANF Analyst Forecast & Price Prediction
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