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Abercrombie & Fitch Brand Remains Healthy With More Resilient Customer Base, Says Analyst

Abercrombie & Fitch Brand Remains Healthy With More Resilient Customer Base, Says Analyst

分析师表示，Abercrombie&Fitch Brand保持健康，客户基础更具弹性
Benzinga Real-time News ·  2022/09/30 14:24
  • Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Abercrombie & Fitch Co (NYSE:ANF) with a price target of $25.00.
  • Despite a softening demand environment amid macro challenges to lower-income consumers and significant uncertainty in Europe, management struck a fairly positive tone during the investor meetings hosted by the analyst and her team.
  • Inventory balances are expected to be right-sized to demand trends heading into the holiday, said Telsey.
  • The analyst added that the pullback in orders from large players such as Walmart Inc (NYSE:WMT) and Target Corp (NYSE:TGT) creates a more favorable chase environment.
  • Freight looks to finally become a tailwind to margin as well in Q4, with the benefit continuing into FY23, noted Telsey.
  • The analyst continues to see a long-term margin expansion opportunity through a more productive store footprint and expanding digital penetration.
  • Price Action: ANF shares are trading higher by 2.46% at $15.81 on the last check Friday.
  • 泰尔西顾问团分析师达娜·特尔西重申了对该公司股票的跑赢评级Abercrombie&Fitch Co.(纽约证券交易所代码：ANF)，目标价为25.00美元。
  • 尽管在低收入消费者面临宏观挑战和欧洲存在重大不确定性的情况下，需求环境疲软，但在这位分析师和她的团队主持的投资者会议上，管理层表现出了相当积极的基调。
  • 特尔西表示，预计库存余额将与假期前的需求趋势相适应。
  • 这位分析师补充说，来自大型企业的订单减少，如沃尔玛进军C(纽约证券交易所代码：WMT)和塔吉特(纽约证券交易所代码：TGT)创造了更有利的追逐环境。
  • 特尔西指出，运费看起来最终也将在第四季度成为利润率的顺风，这种好处将持续到23财年。
  • 该分析师继续认为，通过更具生产力的门店面积和不断扩大的数字渗透率，可以长期扩大利润率。
  • 价格行动：在周五的最后一次检查中，ANF的股价上涨了2.46%，至15.81美元。
声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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