Abercrombie’s Better-Than-Expected Growth And Long Term Potential Overshadow Weak Guidance
Abercrombie & Fitch missed the consensus estimates with its 2016 comparable sales guidance, but its Q4 comparable sales growth was much better than expected and the company is progressing very well with its portfolio transition across the board. The lackluster guidance can be regarded as a one off case owing to the temporary closures of Hollister stores to be remodeled. Thus, the earnings appear good, which is why Abercrombie’s shares were up more than 5% after the report. From a long term perspective, the company appears in good shape with the revamp of its selling and merchandising strategies.
Have more questions about Abercrombie & Fitch? See the links below:
- What Is Abercrombie & Fitch’s Revenue & Earnings Breakdown In Terms of Different Operating Segments?
- What Is Abercrombie & Fitch’s Fundamental Value Based On Expected 2015 Results?
- How Has Abercrombie & Fitch’s Revenue Composition Changed In The Last Five Years?
- By How Much have Abercrombie & Fitch’s Revenues & Earnings Grown In The Last Five Years?
- Abercrombie Reports Strong Q2 Beat, Yet Its Stock Tanks 17%: What’s Going On?
- Can A Strong Q2 Performance Help Abercrombie Stock Extend Its 80% Gains This Year?
- What’s Next For ANF Stock After 47% Gains In A Month?
- Is F5 Stock A Better Pick Over Abercrombie After Its Recent 20% Rise?
- Up 70% Since Beginning of This Year, Will Abercrombie’s Strong Run Continue Following Q1 Results?
- Up 5x Over The Last Twelve Months, Where Is Abercrombie & Fitch Stock Headed?
Notes:
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap |More Trefis Research