Please ensure Javascript is enabled for purposes of website accessibility

What to Expect from Abercrombie & Fitch

By Seth Jayson - Updated Apr 10, 2017 at 12:11PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Checking expectations

Abercrombie & Fitch (NYSE: ANF) is expected to report Q2 earnings around May 28. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Abercrombie & Fitch's revenues will grow 6.9% and EPS will grow 57.9%.

The average estimate for revenue is $1.02 billion. On the bottom line, the average EPS estimate is $0.30.

Revenue details
Last quarter, Abercrombie & Fitch chalked up revenue of $838.8 million. GAAP reported sales were 11% higher than the prior-year quarter's $1.33 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at -$0.09. GAAP EPS of $1.83 for Q1 were 346% higher than the prior-year quarter's $0.41 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 62.3%, 380 basis points better than the prior-year quarter. Operating margin was 15.6%, 370 basis points better than the prior-year quarter. Net margin was 10.0%, 730 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $4.62 billion. The average EPS estimate is $3.25.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Abercrombie & Fitch is outperform, with an average price target of $49.72.

Is Abercrombie & Fitch the right retailer for your portfolio? Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks," including one above-average retailing powerhouse. Click here for instant access to this free report.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Abercrombie & Fitch Co. Stock Quote
Abercrombie & Fitch Co.
ANF
$19.47 (4.62%) $0.86

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
336%
 
S&P 500 Returns
115%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 06/26/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.