These Analysts Slash Their Forecasts On Abercrombie & Fitch Following Q2 Results
These Analysts Slash Their Forecasts On Abercrombie & Fitch Following Q2 Results
Abercrombie expects third-quarter net sales to grow in the low double digits year over year. The company projects an Abercrombie & Fitch Co (NYSE:ANF) reported upbeat second-quarter earnings on Wednesday.
Abercrombie & Fitch Co（紐交所: ANF）週三報告了令人振奮的第二季度收益。
Sales grew 21% Y/Y to $1.134 billion, beating the analyst consensus estimate of $1.101 billion. Comparable sales jumped18% Y/Y. Adjusted EPS of $2.50 beat the analyst consensus estimate of $2.22.
銷售額同比增長21%，達到113.4億美元，超過分析師一致預期的110.1億美元。可比銷售額同比增長18%。調整後每股收益爲2.50美元，超過分析師一致預期的2.22美元。
Fran Horowitz, Chief Executive Officer, said, "Although we continue to operate in an increasingly uncertain environment, we remain steadfast in executing our global playbook and maintaining discipline over inventory and expenses."
首席執行官Fran Horowitz表示：「儘管我們在越來越不確定的環境中運營，但我們依然堅定執行我們的全球策略，並對庫存和費用保持紀律。」
Abercrombie expects third-quarter net sales to grow in the low double digits year over year. The company projects an operating margin of 13% – 14%, compared to 13.1% last year. Abercrombie & Fitch raised its FY24 net sales growth outlook to 12% to 13% (from around 10%) and revised the operating margin forecast to 14% – 15% from the prior view of around 14%. The company continues to expect capital expenditure of about $170 million.
Abercrombie預計第三季度淨銷售將同比增長兩位數低個位數。公司預計營業利潤率爲13% - 14%，相比去年的13.1%。Abercrombie & Fitch將其FY24淨銷售增長前景提高到12%至13%（從約10%），並將營業利潤率預測修訂爲14% - 15%，而之前預計約爲14%。公司繼續預計資本支出約爲1.7億美元。
Abercrombie shares dipped 17% to close at $138.31 on Wednesday.
週三，Abercrombie股價下跌17%，收於138.31美元。
These analysts made changes to their price targets on Abercrombie following earnings announcement.
這些分析師在Abercrombie發佈收益公告後對其價格目標做出了調整。
- UBS analyst Mauricio Serna maintained Abercrombie & Fitch with a Neutral and lowered the price target from $193 to $165.
- Morgan Stanley analyst Alexandra Steiger maintained the stock with an Equal-Weight and lowered the price target from $155 to $147.
- 瑞士銀行分析師Mauricio Serna維持了對Abercrombie & Fitch的中立評級，並將價格目標從193美元下調至165美元。
- 摩根士丹利分析師Alexandra Steiger保持該股票的等權評級，並將價格目標從155美元下調至147美元。
Considering buying ANF stock? Here's what analysts think:
考慮購買ANF股票嗎？以下是分析師的看法：