Stock price when the opinion was issued
They have two businesses: A&F and Hollister appealing to a younger customer. The latter had a great quarter with same-store sales up 23% though A&F was -10%. Strong and weak. The CEO has rescued ANF from the brink, improving its toxic brand and marketing. They bought back $200 million of shares. ANF could explode if A&F turns around and Hollister remains hot. They avoided tariffs by sourcing from 16 countries.
Previous high flyer. Consumer tastes can change. From a technical perspective, a difficult name to want to own. Price below 200-day MA, which is falling. Murky earnings growth, even weak or very flat.