Reported 3 days ago
Abercrombie & Fitch Co. (ANF) has seen a decline in its stock value due to worries regarding gross margins and growth, despite solid overall revenue. In its Q1 2025 investor letter, the Carillon Eagle Small Cap Growth Fund highlighted that while the company faces challenges with temporary freight costs affecting future margins, positive growth from the Hollister brand may help support overall revenue. The stock has dropped 51.28% over the past year, closing at $73.17 with a market cap of $3.486 billion.
Source: YAHOO