Abercrombie Shares Surge On Strong Q3 Results

Benzinga

Abercrombie & Fitch shares rose after a strong Q3 earnings beat and a raised full-year outlook, with Hollister delivering notable 15% comp-sales growth. Despite the rally, the stock is still down about 40% this year after a prolonged slowdown in growth and discretionary spending. Analysts keep a Moderate Buy rating with double-digit upside potential.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Abercrombie and Fitch shares climbed on Tuesday after the retailer reported strong third-quarter

00:07earnings and raised its full-year outlook, according to TipRinks. Earnings per share

00:12were $2.36, above forecasts of $2.17, and revenue was $1.29 billion, with a 3% rise in comparable

00:21store sales. Hollister's comparable sales rose 15%, and the company now expects full-year net

00:28sales to grow 6% to 7% with earnings per share of $10.20 to $10.50. The stock remains down about

00:3640% in 2025 after an 18-month slide driven by slowing growth, weaker discretionary spending,

00:43and tariff pressures. Analysts maintain a moderate by rating with an average price target of $102.33,

00:51implying 15.65% upside from current levels. For all things money, visit Benzinga.com.

00:58Med��a.com.

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