Abercrombie & Fitch sees sales and margin growth supported by strong brand momentum and pricing power.

Jefferies maintains a 'buy' rating on Abercrombie & Fitch, highlighting the retailer's potential for sales and margin growth driven by strong brand momentum, disciplined discounting, and pricing power. The company's flagship brand grew sales 8% year over year in Q2, with improvements in product categories and full-price selling. Gross margin expanded significantly, aided by tariff refunds, and new initiatives like footwear, accessories, and partnerships aim to broaden customer reach. Share repurchases and a modernized enterprise system support further expansion and earnings growth.

Abercrombie & Fitch (ANF) trades at USD 141.70 on Pluang as of Oct 10, 2026 00:41 WIB, showing a modest 0.18% gain in the last day. The stock's market cap stands at $6.00 billion with a 52-week high of $152.08, reflecting sustained investor interest. This steady trading aligns with Jefferies' positive outlook on the company's pricing power and brand momentum supporting growth.