** Barclays starts coverage on apparel retailer Abercrombie & Fitch ANF.N with "equal weight" rating and $71 PT
** PT represents a 1.3% downside to the stock's last close
** Brokerage says ANF has seen strong sales growth across all regions and brands, with a 17% increase in sales in the last year
** ANF has a strong online and offline sales model, with 46% of revenue coming from digital sales and store margins of around 30% - Barclays
** Brokerage says the execution of the planned 100 store openings, effective go-to-market partnerships and online shopping enhancements will drive future growth
** Barclays flags risks that includes elevated inventory levels, higher freight costs, tough sales comparisons, increased marketing spending, and tariff uncertainty, which may collectively pressure profit margins and impact sales
** As of last close, ANF stock down 51.2% YTD
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。