Consumer Confidence Down? Here Are 4 Retail Stocks to Invest in Now [Yahoo! Finance]
Abercrombie & Fitch Company (ANF)
Last abercrombie & fitch company earnings: 3/4 07:30 am
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Source: Yahoo! Finance
According to the latest data from the Conference Board, the index plummeted to 98.7, a sharp drop from August's upwardly revised figure of 105.6. This marks the steepest decline since August 2021, catching economists off guard, who had anticipated a more modest figure of around 104. The Present Situation Index, which evaluates consumer views on current business and labor market conditions, also fell by 10.3 points to 124.3. While the job market remains resilient, concerns about fewer job openings, reduced work hours and slower payroll growth have dampened consumer expectations for near-term spending. However, major retailers such as Abercrombie & Fitch Co. ANF, Sprouts Farmers Market, Inc. SFM, Chewy, Inc. CHWY and Burlington Stores, Inc. BURL are adapting to these shifting consumer behaviors. To combat growing economic uncertainty, the Federal Reserve recently slashed interest rates by 50 basis points to a range of 4.75% to 5%. This marks the first rate cut since 2020 and signals
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ANF
News
- Why Is Abercrombie (ANF) Down 3% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Abercrombie & Fitch (ANF) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]Yahoo! Finance
- Leading Wall Street Stories of the First 9 Months & Top Stocks [Yahoo! Finance]Yahoo! Finance
- Levi's teases Beyoncé collaboration as denim trend takes hold [CNBC]CNBC
- Should You Investigate Abercrombie & Fitch Co. (NYSE:ANF) At US$142? [Yahoo! Finance]Yahoo! Finance
ANF
Earnings
- 8/28/24 - Beat
ANF
Sec Filings
- 9/10/24 - Form 4
- 9/9/24 - Form 4
- 9/6/24 - Form 10-Q
- ANF's page on the SEC website