Abercrombie & Fitch Co. (ANF), through its subsidiaries, operates as a specialty retailer in the United States, Europe, the Middle East, Asia, the Asia-Pacific, Canada, and internationally.

The company operates through two segments, Hollister and Abercrombie.

It offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Hollister, Gilly Hicks, Social Tourist, Abercrombie & Fitch, and abercrombie kids brands.

The company sells products through its stores; various wholesale, franchise, and licensing arrangements; and e-commerce platforms. Abercrombie & Fitch Co. was founded in 1892 and is headquartered in New Albany, Ohio.

On November 21st, Abercrombie & Fitch reported earnings of $1.83 per share on revenue of $1.06 billion for the fiscal third quarter ended October 2023. The consensus earnings estimate was $1.14 per share on revenue of $974.14 million. The company beat expectations by 55.08% while revenue grew 20.04% on a year-over-year basis.

The company said it expects fourth quarter revenue of approximately $1.35 billion. The current consensus revenue estimate is $1.33 billion for the quarter ending January 31, 2024.

After reporting an earnings of 60.5% and showing sales growth of 13.3%, this stock should be strong as fashion stocks trend higher heading into the new year. It also outperformed its competitors by 20% on the S&P 500.