4 Retail Stocks to Buy as the Sector Resumes its Climb in 2024 [Yahoo! Finance]
Abercrombie & Fitch Company (ANF)
Last abercrombie & fitch company earnings: 3/4 07:30 am
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Source: Yahoo! Finance
Per the Commerce Department, retail sales for February rose 0.6% to $700.7 billion from the previous month. The January number was revised up to a 1.1% fall from the previously reported 0.8%. However, rising prices affected retail sales, which, despite improving from January, fell short of expectations in February. The consensus estimate for the period was 1%. The retail sales numbers for February were primarily boosted by higher gasoline prices and higher auto sales. A strong jobs market and rising wages also fueled sales. Usually, inflation and purchasing power have a decisive impact on retail sales. In an environment where prices of consumer goods steadily go up, and interest rates are raised to tackle it, people end up having less money at their disposal to spend on non-essential goods. However, while consumer prices increased in February, they were in line with expectations and, hence, seemingly did not affect retail sales. The Fed also assured from their March meeting tha
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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