Abercrombie & Fitch Co. (ANF, Financial) experienced significant stock movement with a sharp 5% decline in its share price. The stock is trading at $147.08 per share with a trading volume of 791,419 shares, a turnover rate of 1.55%, and a price fluctuation of 4.29%.
The company's recent financial report reveals a revenue of $1.134 billion, a net profit of $133 million, and earnings per share of $2.60. The gross profit stood at $696 million, and the price-to-earnings ratio is 15.62.
Regarding institutional ratings, out of 10 institutions, 60% recommend buying the stock, while 40% suggest holding. None of the institutions gave a sell recommendation.
The apparel retail industry, to which ANF belongs, saw an overall decline of 0.51%. Among related stocks, Lulu's Fashion Lounge Holdings, Inc., Rent The Runway, Inc., and Allbirds, Inc. showed notable gains. Stocks like Digital Brands Group, Inc., Abercrombie & Fitch, and Victoria's Secret were more active with turnover rates of 139.63%, 1.55%, and 1.07%, respectively. Digital Brands Group, Rent The Runway, and others exhibited significant price swings.
Abercrombie & Fitch Co. specializes in casual apparel, personal care products, and accessories for men, women, and children. Their products are sold directly to consumers through stores and websites under brands like Abercrombie & Fitch, Abercrombie Kids, and Hollister. The majority of their stores are in the U.S., with others in Canada, Europe, and Asia. Products are shipped globally and sourced from various manufacturers in Asia and Central America. The company operates distribution centers in Ohio for North America and uses third-party distributors in Europe and Asia.
