
Abercrombie & Fitch Co. (NYSE: ANF) reported its fourth-quarter results for 2024, revealing an adjusted earnings per share (EPS) of $3.57, surpassing analysts' expectations of $3.56. The company's revenue reached $1.58 billion, exceeding the consensus estimate of $1.56 billion and marking a 9% increase year-over-year. The net income for the quarter was $187.2 million, with comparable sales rising 14%. Despite these positive results, Abercrombie provided cautious guidance for fiscal year 2025, projecting EPS between $10.40 and $11.40, slightly below the consensus estimate of $11.30, and anticipating revenue growth of 3% to 5%, with a revenue consensus of $5.28 billion. The company also announced a $1.3 billion share repurchase authorization. Following the earnings report, Abercrombie's shares fell by approximately 8.4% in pre-market trading, attributed to concerns over the company's guidance and overall market sentiment.
De-risking Abercrombie from its logo (& tons of other baggage past), driving surprisingly consistent growth & yet back to 2007 levels like it all never happened. So hard to make money in these apparel names. $ANF $AEO https://t.co/57z1fd2l5t
Abercrombie & Fitch shares fall after star retailer posts weak guidance @CNBC $ANF https://t.co/jQnSTGUoiI
Listen closely to $ANF price action saying there is no floor when belief in the "rebased margins" narrative goes kaput.





