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ANF

Abercrombie & Fitch

$15.85

0.49 (3.19%)

08:05
06/27/19
06/27
08:05
06/27/19
08:05

Green Growth Brands expands partnership with Abercrombie & Fitch

Green Growth Brands announced the expansion of its partnership with Abercrombie & Fitch, a division of Abercrombie & Fitch Co. The specialty retailer trialed GGB's Seventh Sense Botanical Therapy products in 10 Abercrombie & Fitch stores and it will now carry the CBD products in more than 160 A&F stores. The expansion includes Seventh Sense's CBD-infused body lotions, muscle balms, lip balms and sugar scrubs, and is Green Growth Brands' second major wholesale agreement since the passage of the Agriculture Act of 2018 in December 2018.

ANF Abercrombie & Fitch
$15.85

0.49 (3.19%)

05/29/19
WBLR
05/29/19
NO CHANGE
WBLR
Abercrombie & Fitch quarter not as bad as selloff, says William Blair
William Blair analyst Dylan Carden says Abercrombie & Fitch's Q1 results are not as bad as the corresponding stock selloff. Abercrombie in premarket trading is down 18% to $20.51. Carden, who has a Market Perform rating on Abercrombie & Fitch, says the valuation going into the quarter "left little room for error."
05/30/19
WEDB
05/30/19
NO CHANGE
Target $16
WEDB
Underperform
Abercrombie & Fitch price target lowered to $16 from $23 at Wedbush
Wedbush analyst Jen Redding lowered her price target for Abercrombie & Fitch to $16 from $23, while reiterating an Underperform rating on the shares as current trends reflected in her proprietary data show deteriorating weekly cadence in May, and unexpected weakness at Hollister. At a minimum, the analyst believes guidance appears dependent on improving intra-quarter trends, and for now, Redding is not seeing signs of improvement at Abercrombie or Hollister, a view bolstered by similar insights from her revenue and margin data, mirroring bleak trends as the Memorial Day Holiday period closed across most of her data coverage.
05/31/19
ARGS
05/31/19
DOWNGRADE
ARGS
Hold
Abercrombie & Fitch downgraded to Hold from Buy at Argus
05/31/19
ARGS
05/31/19
DOWNGRADE
ARGS
Hold
Argus downgrades Abercrombie & Fitch to Hold on uncertain prospects
As previously reported, Argus analyst Deborah Ciervo downgraded Abercrombie & Fitch to Hold from Buy as she believes the company's decelerating comp growth, increased promotions and weaker tourist and traffic trends leave it with an uncertain path to sales and earnings growth. Ongoing tariff threats pose an added risk the company's turnaround, said the analyst.

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YGTY

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