- ANF is due to report earnings before the end of the month and is worth a buy at this price.
- The company’s strong online sales are reducing overhead expense and exceeds their peers as a percentage of sales mix.
- ANF has received backlash from Netflix’s “White Hot” documentary, which showcased ANF’s racist and body-shaming hiring practices.
- The company’s fundamentals are stronger than the share price represents, but perception of discrimination may weigh on the stock; price target of $45 with an 18-month view.
For further details see:
Abercrombie & Fitch: Undervalued And Resilient