Tearsheet

Abercrombie & Fitch (ANF)

Market Price (11/13/2025): $70.61 | Market Cap: $3.4 Bil
Sector: Consumer Discretionary | Industry: Apparel Retail

Abercrombie & Fitch (ANF)

Market Price (11/13/2025): $70.61
Market Cap: $3.4 Bil
Sector: Consumer Discretionary
Industry: Apparel Retail

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 12%, FCF Yield is 10%	Weak multi-year price returns 2Y Excs Rtn is -51%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%	Meaningful short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12%
2	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -49%
3	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, and Experiential Retail.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 16%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 12%, FCF Yield is 10%
1	Attractive cash flow generation CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 11%
2	Valuation becoming less expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -49%
3	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, and Experiential Retail.
4	Weak multi-year price returns 2Y Excs Rtn is -51%
5	Meaningful short interest Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 12%

Market Valuation & Key Metrics

	11/13/25	2024	2023	2022
Share Price CYE	$70.61	$149.47	$88.22	$22.91
Market Cap CYE ($ Bil)	3.4	7.6	4.5	1.1
Total Debt ($ Bil)	1.1	1.0	1.0	1.2
Total Cash ($ Bil)	0.6	0.9	0.9	0.5
Enterprise Value ($ Bil)	3.9	8.6	5.5	2.3
Valuation Ratios
P/S TTM	0.7	1.5	1.0	0.3
P/EBIT TTM	4.3	9.7	8.6	11.8
P/E TTM	6.2	13.4	13.5	409.3
Sector Ratios
P/S TTM (Sector)	0.7	0.8	0.9	0.8
P/EBIT TTM (Sector)	6.9	6.8	7.0	5.6
P/E TTM (Sector)	9.0	8.1	8.8	7.5

	11/13/25	2024
Share Price CYE	$70.61	$149.47
Market Cap CYE ($ Bil)	3.4	7.6
Total Debt ($ Bil)	1.1	1.0
Total Cash ($ Bil)	0.6	0.9
Enterprise Value ($ Bil)	3.9	8.6
Valuation Ratios
P/S TTM	0.7	1.5
P/EBIT TTM	4.3	9.7
P/E TTM	6.2	13.4
Sector Ratios
P/S TTM (Sector)	0.7	0.8
P/EBIT TTM (Sector)	6.9	6.8
P/E TTM (Sector)	9.0	8.1

	ANF	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	5.1
Rev Chg Q	6.6%	7.1%
Rev Chg LTM	9.3%	6.1%
Rev Chg 3Y Avg	11.7%	5.5%
PROFITABILITY	FAIR
Op Inc LTM ($ Bil)	0.7
CFO LTM ($ Bil)	0.6
Net Inc LTM ($ Bil)	0.5
Op Mgn LTM	14.6%	18.8%
CFO/Rev LTM	11.0%	20.5%
Net Inc Mgn	10.6%	13.1%
VALUATION	VERY LOW
P/S	0.7	3.2
P/CFO	6.0	15.3
P/FCF	9.7	20.3
P/E	6.2	23.6
STABILITY	GOOD
Debt/Equity	0.33	0.21
Cash/Assets	0.18	0.07

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Metric	Value	Date	Source
Comparable Sales Growth	16%	11262024	Link
Abercrombie Brands Comparable Sales Growth	11%	11262024	Link
Hollister Brands Comparable Sales Growth	21%	11262024	Link
Americas Net Sales Growth	14%	11262024	Link
EMEA Net Sales Growth	15%	11262024	Link
APAC Net Sales Growth	32%	11262024	Link
Total Number of Stores	approximately 770	11282024	Link
Digital Sales Channel Growth	Double-digit comparable sales growth	11262024	Link
Planned New Store Openings (Fiscal 2024)	~20 net store openings	11262024	Link

ANF Stock

Stock Price
Market Cap

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Abercrombie & Fitch (ANF) experienced a -25.8% stock movement between July 31, 2025, and November 13, 2025, driven by several key factors: 1. Mixed Q2 2025 Earnings Report and Brand-Specific Weakness. While Abercrombie & Fitch reported Q2 2025 earnings on August 27, 2025, that surpassed consensus estimates for both EPS and revenue, underlying details revealed challenges. The Abercrombie brand saw a 5% decline in net sales and an 11% drop in comparable sales, largely due to lower average unit retail (AUR) as the company managed carryover inventory. Additionally, the EMEA region experienced a 1% decline in net sales.

2. Downward Revision of FY 2025 and Q3 2025 Guidance. The company revised its full-year 2025 earnings per share (EPS) guidance downward to $9.50–$10.50 from an earlier projection of $10.40–$11.40. Q3 2025 guidance was also set at $2.05–$2.25 EPS. This lowered outlook signaled a less optimistic financial trajectory for the remainder of the fiscal year.

3. Significant Impact from Tariffs and Subsequent Margin Pressures. Tariffs were projected to have a substantial financial impact on Abercrombie & Fitch, estimated to cost $90 million in 2025. This led to downward revisions of the company's operating margin forecasts, expected to range between 12.5% and 13.5%, as it absorbed higher import costs from key manufacturing regions.

4. Analyst Downgrades and Price Target Reductions. Several prominent analyst firms adjusted their outlook on ANF, contributing to negative market sentiment. On November 4, 2025, Citigroup decreased its price target from $105.00 to $79.00 and reiterated a "neutral" rating. J.P. Morgan also assigned a "Hold" rating with a $92.00 price target on October 27, 2025. These actions reflected a more cautious view of the company's future performance.

5. Overall Stock Decline Amidst Improving Market Conditions. Abercrombie & Fitch's stock experienced a notable decline during a period where the broader market showed signs of improvement. Reports from early November indicated that ANF's stock fell even as the overall market gained, highlighting company-specific headwinds as the primary drivers of its negative performance. The stock plummeted 43% in 2025, indicating significant investor concerns.

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Stock Movement Drivers

Fundamental Drivers

The -29.6% change in ANF stock from 8/13/2025 to 11/12/2025 was primarily driven by a -33.0% change in the company's P/E Multiple.

	8132025	11122025	Change
Stock Price ($)	101.19	71.24	-29.60%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	5025.17	5099.75	1.48%
Net Income Margin (%)	10.60%	10.61%	0.06%
P/E Multiple	9.35	6.26	-33.01%
Shares Outstanding (Mil)	49.21	47.55	3.38%
Cumulative Contribution			-29.68%

LTM = Last Twelve Months as of date shown

Market Drivers

8/13/2025 to 11/12/2025

	Return	Correlation
ANF	-29.6%
Market (SPY)	6.0%	33.2%
Sector (XLY)	3.5%	28.8%

Fundamental Drivers

The -11.3% change in ANF stock from 5/14/2025 to 11/12/2025 was primarily driven by a -12.2% change in the company's P/E Multiple.

	5142025	11122025	Change
Stock Price ($)	80.33	71.24	-11.32%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4948.59	5099.75	3.05%
Net Income Margin (%)	11.44%	10.61%	-7.29%
P/E Multiple	7.13	6.26	-12.20%
Shares Outstanding (Mil)	50.27	47.55	5.40%
Cumulative Contribution			-11.57%

LTM = Last Twelve Months as of date shown

Market Drivers

5/14/2025 to 11/12/2025

	Return	Correlation
ANF	-11.3%
Market (SPY)	16.6%	34.4%
Sector (XLY)	10.3%	30.8%

Fundamental Drivers

The -49.1% change in ANF stock from 11/12/2024 to 11/12/2025 was primarily driven by a -56.2% change in the company's P/E Multiple.

	11122024	11122025	Change
Stock Price ($)	139.93	71.24	-49.09%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	4664.04	5099.75	9.34%
Net Income Margin (%)	10.76%	10.61%	-1.37%
P/E Multiple	14.29	6.26	-56.19%
Shares Outstanding (Mil)	51.25	47.55	7.21%
Cumulative Contribution			-49.35%

LTM = Last Twelve Months as of date shown

Market Drivers

11/12/2024 to 11/12/2025

	Return	Correlation
ANF	-49.1%
Market (SPY)	15.6%	43.4%
Sector (XLY)	10.6%	44.7%

Fundamental Drivers

The 275.5% change in ANF stock from 11/13/2022 to 11/12/2025 was primarily driven by a 392.0% change in the company's Net Income Margin (%).

	11132022	11122025	Change
Stock Price ($)	18.97	71.24	275.54%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3684.37	5099.75	38.42%
Net Income Margin (%)	2.16%	10.61%	392.01%
P/E Multiple	12.05	6.26	-48.02%
Shares Outstanding (Mil)	50.44	47.55	5.73%
Cumulative Contribution			274.31%

LTM = Last Twelve Months as of date shown

Market Drivers

11/13/2023 to 11/12/2025

	Return	Correlation
ANF	7.3%
Market (SPY)	58.8%	39.4%
Sector (XLY)	49.0%	39.0%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
ANF Return	19%	71%	-34%	285%	69%	-52%	318%
Peers Return	9%	13%	-13%	28%	7%	5%	55%
S&P 500 Return	16%	27%	-19%	24%	23%	16%	112%
Monthly Win Rates [3]
ANF Win Rate	50%	67%	50%	83%	50%	30%
Peers Win Rate	47%	45%	30%	50%	40%	56%
S&P 500 Win Rate	58%	75%	42%	67%	75%	70%
Max Drawdowns [4]
ANF Max Drawdown	-53%	0%	-59%	-5%	0%	-55%
Peers Max Drawdown	-46%	-5%	-33%	-10%	-12%	-32%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TJX, URBN, AEO, GES, BRIA. See ANF Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 11/12/2025 (YTD)

How Low Can It Go

Unique Key	Event	ANF	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-69.9%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	232.5%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	357 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-56.8%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	131.6%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	221 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-54.6%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	120.2%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	552 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-83.3%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	497.2%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	5506 days	1480 days

Compare to TJX, URBN, AEO, GES, BRIA

In The Past

Abercrombie & Fitch's stock fell -69.9% during the 2022 Inflation Shock from a high on 11/18/2021. A -69.9% loss requires a 232.5% gain to breakeven.

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About Abercrombie & Fitch (ANF)

Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer. The company operates in two segments, Hollister and Abercrombie. It offers an assortment of apparel, personal care products, and accessories for men, women, and children under the Hollister, Abercrombie & Fitch, abercrombie kids, Moose, Seagull, Gilly Hicks, and Social Tourist brands. As of January 29, 2022, it operated approximately 729 retail stores in Europe, Asia, Canada, the Middle East, United States, and internationally. The company sells products through its stores; various third-party wholesale, franchise, and licensing arrangements; and e-commerce platforms. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

AI Generated Analysis | Feedback

Here are 1-3 brief analogies to describe Abercrombie & Fitch (ANF):

Like J.Crew, but for a younger, more trend-conscious professional adult.
A more sophisticated and elevated American Eagle, targeting college-aged and young adults.
The Lululemon of stylish, everyday essentials for young adults.

AI Generated Analysis | Feedback

Apparel: A wide range of clothing for men, women, and children, including tops, bottoms, outerwear, dresses, swimwear, and loungewear, sold under their various brands.
Accessories: Complementary items such as bags, belts, hats, footwear, and jewelry designed to pair with their apparel collections.
Fragrances: Signature perfumes and colognes offered for men and women, often associated with their brand identities.

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Major Customers of Abercrombie & Fitch (ANF)

Abercrombie & Fitch (ANF) is a retail company that primarily sells its products directly to individual consumers through its various brands:

Abercrombie & Fitch
abercrombie kids
Hollister Co.
Gilly Hicks

Therefore, Abercrombie & Fitch operates primarily on a business-to-consumer (B2C) model. The company serves the following categories of individual customers:

Young Adults (typically 18-24+ years old): This category is primarily served by the flagship Abercrombie & Fitch brand, offering premium, casual, and contemporary apparel, focusing on a slightly older demographic seeking classic and trendy styles.
Teenagers (typically 13-17 years old): This category is predominantly targeted by the Hollister Co. brand, which offers a California-inspired, casual, and affordable fashion line, along with the Gilly Hicks brand, which specializes in intimates, loungewear, and activewear for a similar age group.
Children (typically 5-14 years old): The abercrombie kids brand caters to this younger demographic, providing comfortable and stylish apparel designed specifically for children, often mirroring the aesthetic of the main Abercrombie brand in age-appropriate styles.

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Fran Horowitz, Chief Executive Officer

Fran Horowitz has served as Chief Executive Officer of Abercrombie & Fitch Co. since February 2017. She joined the company in October 2014 as the Hollister Brand President and was promoted to President and Chief Merchandising Officer in December 2015. Prior to her time at Abercrombie & Fitch, Horowitz was Brand President at Ann Taylor Loft. She also held various leadership roles in merchandising at Express, Inc., Bloomingdale's, Bergdorf Goodman, Bonwit Teller, and Saks Fifth Avenue. Horowitz is recognized for leading the transformation of Abercrombie & Fitch, focusing on inclusivity and evolving the brand's image.

Robert Ball, Chief Financial Officer

Robert Ball was promoted to Chief Financial Officer of Abercrombie & Fitch Co., effective November 20, 2024. He joined the company in 2003 and has held several finance leadership positions during his tenure, including Chief Financial Officer of the Abercrombie & Fitch and Abercrombie Kids brands, and roles in financial reporting, financial planning and analysis, and corporate finance. Before joining Abercrombie & Fitch, Ball began his career as a financial advisor at Merrill Lynch.

Scott Lipesky, Executive Vice President, Chief Operating Officer

Scott Lipesky has served as Executive Vice President, Chief Operating Officer of Abercrombie & Fitch Co. since May 2023. He previously held the role of Chief Financial Officer for the company from October 2017 to May 2023. Lipesky originally joined Abercrombie & Fitch in November 2007 and served in various finance positions, including Chief Financial Officer of the Hollister brand from 2014 to 2016. Prior to rejoining Abercrombie & Fitch in 2017, he was Chief Financial Officer of American Signature Inc., a privately-held home furnishings company. His background also includes roles as corporate finance director with FTI Consulting and director of corporate business development with The Goodyear Tire & Rubber Company. He started his career at PricewaterhouseCoopers, where he qualified as a CPA.

Samir Desai, Executive Vice President, Chief Digital and Technology Officer

Samir Desai has been the Chief Digital and Technology Officer and Executive Vice President of Abercrombie & Fitch Co. since 2021. Before joining Abercrombie & Fitch, he held various leadership positions at Equinox Group, including Chief Technology Officer from 2016 to 2021, and other technology roles since 2005. Earlier in his career, he was Director of Information Technology at Intertex Apparel Group.

Carey Collins Krug, Chief Marketing Officer

Carey Collins Krug serves as the Chief Marketing Officer and Senior Vice President & Head of Marketing for Abercrombie brands. She joined Abercrombie & Fitch Co. from David Yurman, where she was Chief Marketing Officer. Krug's previous experience includes working at Ralph Lauren as the Senior Vice President of Global Marketing for the Polo Ralph Lauren brand, and at Donna Karan as the Vice President of Global Marketing.

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The emergence and rapid growth of ultra-fast fashion retailers (e.g., Shein, Temu) represent a clear emerging threat. These companies leverage highly optimized, AI-driven supply chains to produce trendy apparel at extremely low prices and deliver it globally with speed. This model directly competes with Abercrombie & Fitch for market share, particularly among its younger, trend-sensitive demographic, by offering an unparalleled combination of novelty, variety, and affordability that traditional retailers struggle to match. The significant market penetration and continuous growth of these platforms clearly demonstrate their disruptive potential to established apparel retailers.

AI Generated Analysis | Feedback

Abercrombie & Fitch (ANF) operates as a specialty retailer offering a diverse range of apparel, accessories, and personal care products for men, women, and children under various brands, including Abercrombie & Fitch, Abercrombie Kids, Hollister, Gilly Hicks, and YPB (activewear). The company primarily targets young adults and teenagers, particularly those aged 25-29 for the Abercrombie & Fitch brand, and 13-22 for its Hollister and Abercrombie Kids brands. Based on their main products and target demographic, the addressable markets are as follows:

Global Apparel Market: The global apparel market is valued at approximately $1.84 trillion in 2025.
U.S. Apparel Market: The U.S. apparel market is projected to be approximately $390.33 billion in 2025.
Global Athleisure Market: The global athleisure market is projected to grow from approximately $425.07 billion in 2025.
U.S. Athleisure Market: The U.S. athleisure market is foreseen to be approximately $118.79 billion in 2025.
Global Kids Apparel Market (including teens): The global kids apparel market is expected to reach approximately $228 billion by 2025.
U.S. Online Fashion Retail Market: The U.S. online fashion retail market is estimated to be valued at approximately $144.97 billion by 2025.

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Abercrombie & Fitch (ANF) is expected to drive future revenue growth over the next 2-3 years through several key initiatives:

Continued Brand Transformation and Product Innovation: The company's successful re-positioning of the Abercrombie brand towards an inclusive, millennial-focused aesthetic and ongoing efforts for Hollister are expected to continue attracting and retaining customers. This includes a focus on well-curated product assortments, testing new product concepts, and brand extensions such as the "A&F Wedding Shop" and the global expansion of Abercrombie Kids into department stores.
Accelerated Digital and Omnichannel Growth: Abercrombie & Fitch is significantly investing in its digital capabilities, e-commerce strategies, and omnichannel experiences to meet evolving consumer demands. With a substantial portion of sales already originating from digital channels, particularly for the Abercrombie brand, continued investment in customer analytics, digital marketing, and social commerce platforms like Instagram and TikTok is anticipated to fuel online sales and customer engagement.
Strategic Global Expansion: The company is focused on expanding its presence in international markets. This includes exploring further opportunities in the EMEA (Europe, Middle East, and Africa) region, with a particular focus on Germany, and the APAC (Asia-Pacific) region, especially China. This global expansion strategy involves opening new stores and leveraging localized playbooks.
Physical Store Expansion and Modernization: Abercrombie & Fitch plans to enhance its physical retail footprint by opening approximately 60 new stores and remodeling or "right-sizing" 40 existing locations in 2025, aiming for a net increase in store count. These new and remodeled stores are designed to offer "new experiences" and are considered an essential part of the overall brand experience.
Increased Marketing Investments and Customer Acquisition: To support brand affinity and acquire new customers, Abercrombie & Fitch is increasing its marketing investments year-over-year, particularly in digital and influencer marketing. This strategy aims to leverage key partnerships and campaigns to drive strong traffic across both physical and digital channels.

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Share Repurchases

Abercrombie & Fitch announced a new $1.3 billion share repurchase authorization in March 2025, replacing a prior 2021 program, with $1.1 billion remaining under this authorization as of August 2025.
For fiscal year 2025, the company expects to repurchase approximately $400 million worth of shares.
The company repurchased $230 million in shares during fiscal year 2024, contributing to a 3% reduction in shares outstanding.

Capital Expenditures

Expected capital expenditures for fiscal year 2025 are approximately $225 million.
The primary focus for capital expenditures in fiscal year 2025 includes approximately 40 net new store openings, 40 remodels and right-sizes, and investments in modernizing retail ERP systems, omnichannel experiences, and loyalty programs.
Capital expenditures were $183 million in fiscal year 2024, $157 million in fiscal year 2023, and $153 million in fiscal year 2022.

Interactive Breakdown

Abercrombie & Fitch Interactive Breakdown Analysis

Better Bets than Abercrombie & Fitch (ANF)

	ANF	Better Performance than ANF
Metric	Value	Industry (Apparel Retail)
Rev Chg LTM	9.3%	URBN (9.6%), BOOT (17.8%)
Rev Chg 3Y Avg	11.7%
Op Mgn LTM	14.6%	BKE (20.0%)
CFO/Rev LTM	11.0%	ROST (11.5%), BKE (20.3%)
FCF/Rev LTM	6.8%	TJX (7.0%), ROST (7.8%), URBN (6.8%), BKE (16.8%)
Total Yield	16.0%	CAL (17.6%), JILL (18.0%)

	ANF	Better Performance than ANF
Metric	Value	Sector (Consumer Discretionary)
Rev Chg LTM	9.3%	AMZN (10.9%), BKNG (13.0%), MELI (36.9%), DASH (24.5%), RACE (9.5%)
Rev Chg 3Y Avg	11.7%	TM (13.9%), BKNG (17.8%), MELI (39.5%), DASH (27.8%), RACE (13.1%)
Op Mgn LTM	14.6%	BABA (14.6%), MCD (46.1%), BKNG (34.5%), ORLY (19.3%), MAR (16.0%)
CFO/Rev LTM	11.0%	AMZN (18.1%), TSLA (16.5%), BABA (15.0%), MCD (39.9%), BKNG (33.2%)
FCF/Rev LTM	6.8%	TSLA (7.1%), HD (8.6%), BABA (15.0%), MCD (28.1%), BKNG (31.9%)
Total Yield	16.0%	BABA (39.9%), TM (2150.4%), HMC (2414.7%), BYD (28.9%), BBWI (19.1%)

	ANF	Better Performance than ANF
Metric	Value	All Other Sectors
Rev Chg LTM	9.3%	NVDA (71.6%), MSFT (15.6%), GOOGL (13.4%), AVGO (28.0%), META (21.3%)
Rev Chg 3Y Avg	11.7%	NVDA (92.0%), MSFT (13.2%), AVGO (24.0%), META (17.3%), BRK-B (19.8%)
Op Mgn LTM	14.6%	NVDA (58.1%), AAPL (31.9%), MSFT (46.3%), GOOGL (32.2%), AVGO (39.0%)
CFO/Rev LTM	11.0%	NVDA (46.6%), AAPL (26.6%), MSFT (50.0%), GOOGL (39.3%), AVGO (42.4%)
FCF/Rev LTM	6.8%	NVDA (43.6%), AAPL (23.5%), MSFT (26.6%), GOOGL (19.1%), AVGO (41.6%)
Total Yield	16.0%	VZ (18.1%), CMCSA (26.8%), MO (16.0%), CNQ (16.8%), ALL (17.1%)

		Best Bets In Consumer Discretionary Sector
	ANF	ABNB	BKNG	MCD	ETSY	LOPE	ALSN	CROX	GRMN	YUM	WH
What You Pay
P/E	6.3	28.3	33.2	26.0	34.8	22.3	9.9	17.6	24.3	28.7	16.6
P/EBIT	4.4	27.5	19.9	17.9	15.3	14.8	7.2	15.3	21.5	16.6	9.7
What You Get
Rev Chg Q	6.6%	9.7%	12.7%	3.0%	2.4%	9.6%	-15.9%	3.4%	11.7%	8.4%	-3.5%
Rev Chg LTM	9.3%	10.2%	13.0%	1.2%	2.0%	7.0%	-4.2%	2.0%	16.6%	11.6%	3.4%
Rev Chg 3Y Avg	11.7%	14.2%	17.8%	4.2%	4.9%	6.5%	4.6%	14.5%	12.2%	6.4%	-2.5%
FCF/Rev 3Y Avg	8.6%	40.2%	35.6%	27.4%	23.8%	21.8%	21.0%	19.8%	20.5%	18.9%	19.0%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Abercrombie & Fitch Earnings Notes
2	ANF: Strong Cash Flow Poised for a Re-Rating?	Actionable
3	ANF Growing and Cash Generating - What's Stopping You?	Actionable
4	Is 25.2% Fall In Abercrombie & Fitch (ANF) Stock A Buying Opportunity?	Actionable
5	Why ANF's Cash Flow Makes It Worth Considering	Actionable
6	How Low Can Abercrombie & Fitch Stock Really Go?	Return
7	Is 20.3% Fall In Abercrombie & Fitch (ANF) Stock A Buying Opportunity?	Actionable
8	null
9	Better Bet Than ANF Stock: Pay Less Than Abercrombie & Fitch To Get More From CALM, PTCT
10	ANF Dip Buy Analysis
11	ARTICLES
12	Could Abercrombie & Fitch Stock’s Cash Flow Spark the Next Rally?		November 8th, 2025
13	ANF Tops Guess Stock on Price & Potential		November 6th, 2025
14	Better Value & Growth: ANF Leads American Eagle Outfitters Stock		November 5th, 2025
15	Cash Rich, Low Price – Abercrombie & Fitch Stock to Break Out?		October 25th, 2025
16	Abercrombie & Fitch Stock To $94?		October 15th, 2025

	Title
0	DASHBOARDS
1	Abercrombie & Fitch Earnings Notes
2	ANF: Strong Cash Flow Poised for a Re-Rating?
3	ANF Growing and Cash Generating - What's Stopping You?
4	Is 25.2% Fall In Abercrombie & Fitch (ANF) Stock A Buying Opportunity?
5	Why ANF's Cash Flow Makes It Worth Considering
6	How Low Can Abercrombie & Fitch Stock Really Go?
7	Is 20.3% Fall In Abercrombie & Fitch (ANF) Stock A Buying Opportunity?
8	null
9	Better Bet Than ANF Stock: Pay Less Than Abercrombie & Fitch To Get More From CALM, PTCT
10	ANF Dip Buy Analysis
11	ARTICLES
12	Could Abercrombie & Fitch Stock’s Cash Flow Spark the Next Rally?
13	ANF Tops Guess Stock on Price & Potential
14	Better Value & Growth: ANF Leads American Eagle Outfitters Stock
15	Cash Rich, Low Price – Abercrombie & Fitch Stock to Break Out?
16	Abercrombie & Fitch Stock To $94?

Trade Ideas

Select past ideas related to ANF. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
LRN_10312025_Dip_Buyer_ValueBuy	10312025	LRN	Stride	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-2.1%	-2.1%	-4.2%
DECK_10312025_Dip_Buyer_High_CFO_Margins_ExInd_DE	10312025	DECK	Deckers Outdoor	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	1.5%	1.5%	-2.4%
ATGE_10312025_Quality_Momentum_RoomToRun_10%	10312025	ATGE	Adtalem Global Education	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-1.5%	-1.5%	-5.9%
GNTX_10242025_Dip_Buyer_FCFYield	10242025	GNTX	Gentex	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-1.4%	-1.4%	-2.5%
LNW_10172025_Dip_Buyer_FCFYield	10172025	LNW	Light & Wonder	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	17.6%	17.6%	-6.2%
ANF_9122025_Dip_Buyer_FCFYield	09122025	ANF	Abercrombie & Fitch	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-20.3%	-20.3%	-23.8%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
LRN_10312025_Dip_Buyer_ValueBuy	10312025	LRN	Stride	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	-2.1%	-2.1%	-4.2%
DECK_10312025_Dip_Buyer_High_CFO_Margins_ExInd_DE	10312025	DECK	Deckers Outdoor	Dip Buy	DB \| CFO/Rev \| Low D/EDip Buy with High Cash Flow Margins Buying dips for companies with significant cash flows from operations and reasonable debt / market cap	1.5%	1.5%	-2.4%
ATGE_10312025_Quality_Momentum_RoomToRun_10%	10312025	ATGE	Adtalem Global Education	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	-1.5%	-1.5%	-5.9%
GNTX_10242025_Dip_Buyer_FCFYield	10242025	GNTX	Gentex	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-1.4%	-1.4%	-2.5%
LNW_10172025_Dip_Buyer_FCFYield	10172025	LNW	Light & Wonder	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	17.6%	17.6%	-6.2%
ANF_9122025_Dip_Buyer_FCFYield	09122025	ANF	Abercrombie & Fitch	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	-20.3%	-20.3%	-23.8%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MH	McGraw Hill	2.7	23.9%
BBAI	BigBear.ai	2.3	18.3%	61.1%
KALV	KalVista Pharmaceuticals	0.7	16.3%	57.5%
ORLA	Orla Mining	3.9	13.8%	117.3%
WOLF	Wolfspeed	3.0	12.4%
ERAS	Erasca	0.8	12.3%	5.6%
BILL	BILL	5.4	11.5%	-38.7%
OPEN	Opendoor Technologies	6.8	10.5%	485.6%
NEXA	Nexa Resources	0.8	9.6%	-30.1%
AMD	Advanced Micro Devices	420.2	9.0%	114.3%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NRGV	Energy Vault	0.5	-19.8%	50.9%
AESI	Atlas Energy Solutions	1.1	-16.2%	-59.5%
TE	T1 Energy	0.6	-12.7%
WYFI	Whitefiber	0.8	-11.9%
EVH	Evolent Health	0.5	-11.7%	-60.4%
SOC	Sable Offshore	0.6	-11.5%	-72.1%
HIVE	HIVE Digital Technologies	0.7	-11.3%	43.9%
CCOI	Cogent Communications	0.9	-10.3%	-74.4%
ACDC	ProFrac	0.6	-10.2%	-50.8%
MVST	Microvast	1.3	-10.2%	94.4%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
LXP	LXP Industrial Trust	13.3	369.8%	17.4%
COGT	Cogent Biosciences	4.0	144.5%	352.1%
ORGO	Organogenesis	0.8	63.2%	102.5%
APPN	Appian	3.4	55.6%	38.4%
FSLY	Fastly	1.7	47.5%	26.1%
SKYT	SkyWater Technology	1.0	45.4%	55.0%
HAE	Haemonetics	3.5	44.2%	-6.4%
INNV	InnovAge	0.8	42.6%	44.8%
KODK	Eastman Kodak	0.7	42.2%	27.7%
IOVA	Iovance Biotherapeutics	0.8	40.3%	-65.7%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ASPN	Aspen Aerogels	0.3	-53.7%	-71.1%
CCOI	Cogent Communications	0.9	-51.7%	-74.4%
BLZE	Backblaze	0.3	-41.8%	-9.6%
BTDR	Bitdeer Technologies	2.7	-36.9%	-35.7%
AIRS	AirSculpt Technologies	0.4	-36.5%	17.5%
PRCH	Porch	1.0	-36.3%	106.7%
FOXF	Fox Factory	0.6	-35.3%	-51.0%
ELF	e.l.f. Beauty	4.4	-34.0%	-38.1%
JBI	Janus International	0.9	-32.8%	-15.1%
ACVA	ACV Auctions	0.9	-32.6%	-74.6%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
PRAX	Praxis Precision Medicines	3.9	249.6%	138.6%
VTYX	Ventyx Biosciences	0.7	160.5%	334.2%
TERN	Terns Pharmaceuticals	1.9	151.2%	266.4%
COGT	Cogent Biosciences	4.0	128.5%	352.1%
SNDK	SanDisk	41.0	122.4%
INBX	Inhibrx Biosciences	1.1	110.6%	376.1%
REPL	Replimune	0.8	107.8%	-25.4%
PUMP	ProPetro	1.1	103.7%	11.8%
CELC	Celcuity	3.7	84.3%	550.5%
MBX	MBX Biosciences	0.8	82.0%	33.5%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NKLR	Terra Innovatum Global	0.3	-67.8%
SOC	Sable Offshore	0.6	-63.8%	-72.1%
TMQ	Trilogy Metals	0.7	-62.0%	247.4%
NTLA	Intellia Therapeutics	1.0	-60.3%	-18.6%
CCOI	Cogent Communications	0.9	-58.0%	-74.4%
ASPN	Aspen Aerogels	0.3	-57.6%	-71.1%
UAMY	United States Antimony	0.9	-56.4%	330.5%
METC	Ramaco Resources	1.3	-55.4%	140.7%
LRN	Stride	2.8	-55.2%	-36.9%
USAR	USA Rare Earth	1.6	-54.9%	56678.5%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
MH	McGraw Hill	2.7	23.9%
BBAI	BigBear.ai	2.3	18.3%	61.1%
KALV	KalVista Pharmaceuticals	0.7	16.3%	57.5%
ORLA	Orla Mining	3.9	13.8%	117.3%
WOLF	Wolfspeed	3.0	12.4%
ERAS	Erasca	0.8	12.3%	5.6%
BILL	BILL	5.4	11.5%	-38.7%
OPEN	Opendoor Technologies	6.8	10.5%	485.6%
NEXA	Nexa Resources	0.8	9.6%	-30.1%
AMD	Advanced Micro Devices	420.2	9.0%	114.3%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NRGV	Energy Vault	0.5	-19.8%	50.9%
AESI	Atlas Energy Solutions	1.1	-16.2%	-59.5%
TE	T1 Energy	0.6	-12.7%
WYFI	Whitefiber	0.8	-11.9%
EVH	Evolent Health	0.5	-11.7%	-60.4%
SOC	Sable Offshore	0.6	-11.5%	-72.1%
HIVE	HIVE Digital Technologies	0.7	-11.3%	43.9%
CCOI	Cogent Communications	0.9	-10.3%	-74.4%
ACDC	ProFrac	0.6	-10.2%	-50.8%
MVST	Microvast	1.3	-10.2%	94.4%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
LXP	LXP Industrial Trust	13.3	369.8%	17.4%
COGT	Cogent Biosciences	4.0	144.5%	352.1%
ORGO	Organogenesis	0.8	63.2%	102.5%
APPN	Appian	3.4	55.6%	38.4%
FSLY	Fastly	1.7	47.5%	26.1%
SKYT	SkyWater Technology	1.0	45.4%	55.0%
HAE	Haemonetics	3.5	44.2%	-6.4%
INNV	InnovAge	0.8	42.6%	44.8%
KODK	Eastman Kodak	0.7	42.2%	27.7%
IOVA	Iovance Biotherapeutics	0.8	40.3%	-65.7%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
ASPN	Aspen Aerogels	0.3	-53.7%	-71.1%
CCOI	Cogent Communications	0.9	-51.7%	-74.4%
BLZE	Backblaze	0.3	-41.8%	-9.6%
BTDR	Bitdeer Technologies	2.7	-36.9%	-35.7%
AIRS	AirSculpt Technologies	0.4	-36.5%	17.5%
PRCH	Porch	1.0	-36.3%	106.7%
FOXF	Fox Factory	0.6	-35.3%	-51.0%
ELF	e.l.f. Beauty	4.4	-34.0%	-38.1%
JBI	Janus International	0.9	-32.8%	-15.1%
ACVA	ACV Auctions	0.9	-32.6%	-74.6%

Peer Comparisons for Abercrombie & Fitch

Financials

	ANF	TJX	URBN	AEO	GES	BRIA	Median
Name	Abercrom.	TJX Comp.	Urban Ou.	American.	Guess	BrilliA
Mkt Price	71.24	147.21	62.93	17.81	16.95	1.80	40.37
Mkt Cap	3.4	164.1	5.6	3.0	0.9	-	3.4
Rev LTM	5,100	57,925	5,832	5,267	3,092	-	5,267
Op Inc LTM	744	6,476	557	301	140	-	557
FCF LTM	345	4,041	399	152	13	-	345
FCF 3Y Avg	390	4,358	285	293	126	-	293
CFO LTM	563	5,935	590	410	101	-	563
CFO 3Y Avg	578	6,145	479	514	207	-	514

Growth & Margins

	ANF	TJX	URBN	AEO	GES	BRIA	Median
Name	Abercrom.	TJX Comp.	Urban Ou.	American.	Guess	BrilliA
Rev Chg LTM	9.3%	4.1%	9.6%	-2.7%	7.8%	-	7.8%
Rev Chg 3Y Avg	11.7%	5.3%	7.5%	1.6%	4.9%	-	5.3%
Rev Chg Q	6.6%	6.9%	11.3%	-0.6%	5.5%	-	6.6%
QoQ Delta Rev Chg LTM	1.5%	1.6%	2.7%	-0.1%	1.3%	-	1.5%
Op Mgn LTM	14.6%	11.2%	9.5%	5.7%	4.5%	-	9.5%
Op Mgn 3Y Avg	11.6%	10.7%	7.6%	6.7%	6.9%	-	7.6%
QoQ Delta Op Mgn LTM	0.4%	0.2%	0.3%	0.0%	-0.6%	-	0.2%
CFO/Rev LTM	11.0%	10.2%	10.1%	7.8%	3.3%	-	10.1%
CFO/Rev 3Y Avg	12.8%	11.2%	8.9%	9.9%	7.3%	-	9.9%
FCF/Rev LTM	6.8%	7.0%	6.8%	2.9%	0.4%	-	6.8%
FCF/Rev 3Y Avg	8.6%	8.0%	5.2%	5.7%	4.5%	-	5.7%

Valuation

	ANF	TJX	URBN	AEO	GES	BRIA	Median
Name	Abercrom.	TJX Comp.	Urban Ou.	American.	Guess	BrilliA
Mkt Cap	3.4	164.1	5.6	3.0	0.9	-	3.4
P/S	0.7	2.8	1.0	0.6	0.3	-	0.7
P/EBIT	4.4	24.5	9.6	10.1	11.6	-	10.1
P/E	6.3	33.0	11.9	15.4	27.9	-	15.4
P/CFO	6.0	27.7	9.6	7.4	8.6	-	8.6
Total Yield	16.0%	4.1%	8.4%	8.0%	11.0%	-	8.4%
Dividend Yield	0.0%	1.1%	0.0%	1.5%	7.4%	-	1.1%
FCF Yield 3Y Avg	9.8%	3.7%	6.5%	11.9%	12.3%	-	9.8%
D/E	0.3	0.1	0.2	0.7	1.8	-	0.3
Net D/E	0.1	0.1	0.1	0.6	1.6	-	0.1

Returns

	ANF	TJX	URBN	AEO	GES	BRIA	Median
Name	Abercrom.	TJX Comp.	Urban Ou.	American.	Guess	BrilliA
1M Rtn	-2.3%	4.1%	-8.8%	16.5%	0.7%	-6.7%	-0.8%
3M Rtn	-29.6%	9.8%	-20.8%	32.8%	26.2%	-20.2%	-5.2%
6M Rtn	-11.3%	12.9%	4.2%	52.8%	45.5%	-24.3%	8.6%
12M Rtn	-49.1%	24.4%	62.5%	3.3%	7.2%	-	7.2%
3Y Rtn	275.5%	107.0%	148.2%	56.7%	18.8%	-	107.0%
1M Excs Rtn	-4.8%	-1.0%	-10.5%	9.3%	-2.6%	-12.2%	-3.7%
3M Excs Rtn	-32.7%	4.8%	-24.5%	36.2%	22.6%	-24.1%	-9.6%
6M Excs Rtn	-27.6%	-3.4%	-12.0%	36.5%	29.3%	-40.6%	-7.7%
12M Excs Rtn	-64.8%	12.2%	52.6%	-15.3%	-6.6%	-	-6.6%
3Y Excs Rtn	231.6%	33.1%	88.5%	-11.8%	-52.0%	-	33.1%

Financials

Annual
Quarterly

$ Mil \| FY: 2/1	LTM	2025	2024	2023	2022	2021	2020
Period End	8/2/2025	2/1/2025	2/3/2024	1/28/2023	1/29/2022	1/30/2021	2/1/2020
Filing Date	9/5/2025	3/31/2025	4/1/2024	3/27/2023	3/28/2022	3/29/2021	3/31/2020
Key Financials
Total Revenue	5,100	4,949	4,281	3,698	3,713	3,125	3,623
EBITDA	926	935	656	229	491	149	244
Operating Income	744	741	485	93	343	52	89
Net Income	541	566	328	3	263	-114	39
EPS	10.91	11.14	6.53	0.06	4.41	-1.82	0.61
Growth Rates
Total Revenue Growth	9.3%	15.6%	15.8%	-0.4%	18.8%	-13.7%	0.9%
EBITDA Growth	8.5%	42.5%	185.7%	-53.3%	228.9%	-38.7%	-23.2%
Operating Income Growth	11.6%	52.9%	423.1%	-73.0%	553.9%	-41.2%	-35.8%
Net Income Growth	7.8%	72.6%	11552.1%	-98.9%	330.7%	-389.7%	-47.2%
Margins
EBITDA Margin	18.1%	18.9%	15.3%	6.2%	13.2%	4.8%	6.7%
Operating Income Margin	14.6%	15.0%	11.3%	2.5%	9.2%	1.7%	2.5%
Net Income Margin	10.6%	11.4%	7.7%	0.1%	7.1%	-3.6%	1.1%
Cash & Debt
Total Cash	604	889	901	518	823	1,105	671
Total Debt	1,099	952	1,048	1,224	1,224	1,550	1,767
Net Debt / (Cash)	496	63	147	707	401	445	1,096
Cash Flows
Net Cash from Operations	563	710	653	-2	278	405	301
Free Cash from Operations	345	527	496	-167	181	303	98
Returns to Shareholders
Dividends	0	-0	-0	-0	-0	13	52
Share Repurchases	489	300	29	140	377	15	64

$ Mil \| FY: 2/1	2026Q2	2026Q1	2025Q4	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3
Period End	8/2/2025	5/3/2025	2/1/2025	11/2/2024	8/3/2024	5/4/2024	2/3/2024	10/28/2023	7/29/2023	4/29/2023	1/28/2023	10/29/2022
Filing Date	9/5/2025	6/6/2025	3/31/2025	12/6/2024	9/6/2024	6/7/2024	4/1/2024	12/4/2023	9/1/2023	6/6/2023	3/27/2023	12/6/2022
Key Financials Quarterly
Total Revenue	1,209	1,097	1,585	1,209	1,134	1,021	1,453	1,056	935	836	1,200	880
Ebitda	247	148	303	228	225	178	270	179	133	74	124	51
Operating Income	207	102	256	179	176	130	223	138	90	34	78	21
Net Income	141	80	187	132	133	114	158	96	57	17	38	-2
EPS	2.97	1.63	3.72	2.59	2.60	2.24	3.13	1.91	1.13	0.33	0.78	-0.04
Key Financials TTM
Total Revenue TTM	5,100	5,025	4,949	4,817	4,664	4,465	4,281	4,028	3,851	3,721	3,698	3,659
Ebitda TTM	926	904	935	902	853	760	656	510	381	279	229	240
Operating Income TTM	744	713	741	708	666	581	485	340	223	133	93	103
Net Income TTM	541	533	566	537	502	425	328	208	110	36	3	30
Growth Rates Quarterly
Total Revenue Growth	6.6%	7.5%	9.1%	14.4%	21.2%	22.1%	21.1%	20.0%	16.2%	2.9%	3.3%	-2.8%
EBITDA Growth	9.7%	-17.3%	12.1%	27.4%	69.8%	140.8%	117.8%	253.3%	339.5%	200.2%	-8.1%	-53.4%
Operating Income Growth	17.7%	-21.8%	14.9%	29.9%	95.5%	281.8%	186.8%	548.4%	427919.0%	639.5%	-11.7%	-73.2%
Net Income Growth	6.2%	-29.4%	18.2%	37.2%	134.1%	587.0%	313.3%	4445.6%	438.0%	200.6%	-41.5%	-104.7%
Margins Quarterly
EBITDA Margin	20.5%	13.4%	19.1%	18.9%	19.9%	17.5%	18.6%	16.9%	14.2%	8.9%	10.3%	5.8%
Operating Income Margin	17.1%	9.3%	16.2%	14.8%	15.5%	12.7%	15.3%	13.1%	9.6%	4.1%	6.5%	2.4%
Net Income Margin	11.7%	7.3%	11.8%	10.9%	11.7%	11.2%	10.9%	9.1%	6.1%	2.0%	3.2%	-0.3%
Cash & Debt
Total Cash	604	608	889	739	738	864	901	649	617	447	518	257
Total Debt	1,099	1,026	952	945	891	1,059	1,048	1,102	1,181	1,169	1,224	1,216
Net Debt / (Cash)	496	418	63	206	152	195	147	452	564	722	707	959
Cash Flows Quarterly
FCF from Operations	117	-4	308	143	165	95	303	134	217	-1	299	-41
Cash Flows TTM
FCF from Operations TTM	563	611	710	706	697	749	653	649	474	215	-2	-155
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	52	234	101	102	17	80	0	10	0	18	14	8
Return on Invested Capital (ROIC) Quarterly
ROIC	114.3%	73.3%	1170.2%	247.4%	345.0%	227.7%	427.6%	86.8%	42.2%	11.0%	21.6%	8.9%
Return on Invested Capital (ROIC) TTM
ROIC TTM	106.8%	124.1%	882.8%	255.7%	327.0%	219.2%	227.6%	47.5%	21.7%	6.9%	2.0%	5.3%

Segment Financials

Revenue by Segment

$ Mil	2025	2024	2023	2022	2021
Single Segment	4,281	3,698	3,713
Abercrombie				1,291	1,465
Hollister				1,834	2,159
Total	4,281	3,698	3,713	3,125	3,623

Price Behavior

Price Behavior

Market Price	$71.24
Market Cap ($ Bil)	3.4
First Trading Date	09/26/1996
Distance from 52W High	-55.9%
	50 Days	200 Days
DMA Price	$79.41	$85.48
DMA Trend	down	down
Distance from DMA	-10.3%	-16.7%
	3M	1YR
Volatility	40.8%	57.3%
Downside Capture	221.76	134.05
Upside Capture	-29.12	46.27
Correlation (SPY)	32.3%	43.3%

ANF Betas & Captures as of 10/31/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.23	1.11	1.89	1.80	1.25	1.38
Up Beta	1.76	0.95	3.75	2.64	1.53	1.59
Down Beta	1.86	1.40	1.74	2.26	1.37	1.48
Up Capture	-66%	-33%	29%	91%	34%	269%
Bmk +ve Days	14	27	37	74	145	425
Stock +ve Days	9	19	29	60	109	386
Down Capture	179%	226%	233%	142%	117%	101%
Bmk -ve Days	9	17	28	53	106	327
Stock -ve Days	14	25	36	66	141	364

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of ANF With Other Asset Classes (Last 1Y)
	ANF	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-49.7%	12.9%	15.8%	54.6%	0.8%	-1.3%	36.2%
Annualized Volatility	57.1%	24.6%	19.4%	19.8%	16.1%	17.8%	36.5%
Sharpe Ratio	-0.99	0.44	0.63	2.09	-0.13	-0.22	0.68
Correlation With Other Assets		44.2%	43.4%	-10.2%	16.6%	21.7%	23.6%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of ANF With Other Asset Classes (Last 5Y)
	ANF	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	36.9%	10.5%	16.3%	16.6%	13.2%	6.3%	48.9%
Annualized Volatility	59.2%	23.7%	17.1%	15.7%	18.9%	19.1%	49.3%
Sharpe Ratio	0.77	0.40	0.78	0.85	0.58	0.25	0.76
Correlation With Other Assets		42.1%	39.8%	-4.1%	9.5%	24.2%	15.6%

Based On 10-Year Data

		Comparison of ANF With Other Asset Classes (Last 10Y)
	ANF	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	14.5%	12.6%	14.4%	13.8%	5.2%	5.2%	73.8%
Annualized Volatility	59.9%	22.0%	18.0%	14.8%	17.7%	20.9%	56.1%
Sharpe Ratio	0.48	0.53	0.69	0.77	0.22	0.22	0.93
Correlation With Other Assets		43.0%	39.3%	-5.8%	14.4%	30.4%	11.2%

Short Interest

Short Interest: As Of Date	10312025
Short Interest: Shares Quantity	5,815,839
Short Interest: % Change Since 10152025	3.4%
Average Daily Volume	1,850,789
Days-to-Cover Short Interest	3.14
Basic Shares Quantity	47,550,000
Short % of Basic Shares	12.2%

Returns Analyses

	Title
0	How Low Can Abercrombie & Fitch Stock Really Go?
1	Abercrombie & Fitch (ANF) Stock Has 45% Chance Of Rise In The Next One Month
2	Abercrombie & Fitch Stock Return Comparison
3	[10/14/2021] Abercrombie & Fitch (ANF) Stock Price Forecast: AI Forecasts ANF Stock Price To Be Around $39.40 In A Month (Up 2%)
4	Abercrombie & Fitch Total Shareholder Return (TSR): 69.1% in 2022 and 22.3% 3-yr returns (above peer average)
5	Abercrombie & Fitch (ANF) Stock Return: AI Predicts ANF Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
8/28/2025	-3.1%		-12.2%
5/29/2025	-5.5%	-4.2%	-0.2%
3/6/2025	2.9%	-9.2%	-12.3%
11/27/2024	0.8%	0.9%	4.1%
8/29/2024	3.8%	-7.9%	-1.6%
5/30/2024	-3.1%	-1.5%	3.4%
3/7/2024	-7.2%	-1.9%	-6.5%
11/22/2023	0.7%	4.2%	27.2%
...
SUMMARY STATS
# Positive	8	8	11
# Negative	16	16	13
Median Positive	2.4%	7.4%	8.5%
Median Negative	-2.9%	-7.7%	-9.9%
Max Positive	5.7%	19.0%	31.2%
Max Negative	-9.5%	-13.7%	-30.9%

	Forward Returns
8/28/2025	-3.1%		-12.2%
5/29/2025	-5.5%	-4.2%	-0.2%
3/6/2025	2.9%	-9.2%	-12.3%
11/27/2024	0.8%	0.9%	4.1%
8/29/2024	3.8%	-7.9%	-1.6%
5/30/2024	-3.1%	-1.5%	3.4%
3/7/2024	-7.2%	-1.9%	-6.5%
11/22/2023	0.7%	4.2%	27.2%
8/24/2023	-0.6%		2.6%
5/25/2023	4.9%	11.3%	31.2%
3/2/2023	0.6%	-4.6%	-2.1%
11/23/2022	-0.9%	-0.4%	-7.2%
8/29/2022	-1.8%	1.6%	8.5%
5/25/2022	-1.7%	-8.2%	-15.1%
3/3/2022	-9.5%	-8.4%	-0.6%
11/24/2021	-3.1%	-10.0%	-11.6%
8/27/2021	-2.0%	-6.7%	8.5%
5/27/2021	-2.7%	-10.0%	3.4%
3/3/2021	1.8%	18.7%	26.4%
11/25/2020	-1.0%	-7.4%	-10.6%
8/28/2020	5.7%	10.5%	13.4%
5/29/2020	-1.5%	19.0%	-9.9%
3/5/2020	-3.2%	-13.7%	-30.9%
11/27/2019	-4.6%	0.8%	3.2%
SUMMARY STATS
# Positive	8	8	11
# Negative	16	16	13
Median Positive	2.4%	7.4%	8.5%
Median Negative	-2.9%	-7.7%	-9.9%
Max Positive	5.7%	19.0%	31.2%
Max Negative	-9.5%	-13.7%	-30.9%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
7312025	9052025	10-Q 8/2/2025
4302025	6062025	10-Q 5/3/2025
1312025	3312025	10-K 2/1/2025
10312024	12062024	10-Q 11/2/2024
7312024	9062024	10-Q 8/3/2024
4302024	6072024	10-Q 5/4/2024
1312024	4012024	10-K 2/3/2024
10312023	12042023	10-Q 10/28/2023
7312023	9012023	10-Q 7/29/2023
4302023	6062023	10-Q 4/29/2023
1312023	3272023	10-K 1/28/2023
10312022	12062022	10-Q 10/29/2022
7312022	9072022	10-Q 7/30/2022
4302022	6082022	10-Q 4/30/2022
1312022	3282022	10-K 1/29/2022
10312021	12062021	10-Q 10/30/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	Robinson Kenneth B.		9082025	Sell	94.60	1,392	131,683	556,248	Form
1	Rust Jay	EVP Human Resources	9032025	Sell	93.15	1,500	139,725	619,261	Form
2	GOLDMAN JAMES A		9032025	Sell	96.18	5,072	487,825	727,602	Form
3	ANDERSON KERRII B		9032025	Sell	95.12	4,292	408,234	3,534,291	Form
4	Coulter Suzanne M		12052024	Sell	160.00	2,870	459,200	1,024,800	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

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Abercrombie & Fitch (ANF)

Market Price (11/13/2025): $70.61 | Market Cap: $3.4 BilSector: Consumer Discretionary | Industry: Apparel Retail

Abercrombie & Fitch (ANF)

Market Price (11/13/2025): $70.61Market Cap: $3.4 BilSector: Consumer DiscretionaryIndustry: Apparel Retail

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ANF Stock

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Market Price (11/13/2025): $70.61 | Market Cap: $3.4 Bil
Sector: Consumer Discretionary | Industry: Apparel Retail

Market Price (11/13/2025): $70.61
Market Cap: $3.4 Bil
Sector: Consumer Discretionary
Industry: Apparel Retail