13 Most Undervalued Retail Stocks To Buy Now [Yahoo! Finance]
Abercrombie & Fitch Company (ANF)
Last abercrombie & fitch company earnings: 3/4 07:30 am
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abercrombie.com/shop/us
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Source: Yahoo! Finance
According to Economic Intelligence's consumer goods and retail outlook 2024 report , in 2024, global retail sales are projected to grow by 6.7%, with a 2% increase in volume due to a slowdown in inflation. Despite this growth, some challenges remain due to depleted household savings and high food prices, especially in developing economies. Additionally, the report states that online sales are expected to see double-digit growth in 2024, reaching 14.6% of total global retail sales. However, online retailers will continue to face challenges in maintaining profitability due to some regulatory issues. The online retail industry experienced significant declines after its February 2021 highs. While the industry is still a long way from complete recovery, it still showed decent performance over the last 12 months. Amplify Online Retail ETF (IBUY) is still 58.5% lower than its February 12, 2021 levels but has gained 38.21% in the last 12 months, compared to 27.20% gains of SPDR S&P Retail
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ANF
News
- Abercrombie & Fitch (ANF) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
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ANF
Earnings
- 3/6/24 - Beat
ANF
Sec Filings
- 4/22/24 - Form 4
- 4/18/24 - Form 144
- 4/3/24 - Form 4
- ANF's page on the SEC website