# Abercrombie & Fitch Co. (ANF) — Stock CV

Abercrombie & Fitch Co. is a $6.05B consumer company. Revenue shrank 33.1% over the last year, it keeps 9¢ of every dollar of sales as profit, and its net debt equals ~1.2 years of free cash flow. It trades at 11.3× earnings — around the middle of its own history.

> Abercrombie & Fitch Co is a digitally led, omnichannel retailer offering apparel, personal care products, and accessories for men, women, and kids through company-owned stores, digital channels, and third-party arrangements.

## Identity

- **Ticker**: ANF
- **Sector**: Consumer Cyclical
- **Industry**: Retail-Family Clothing Stores
- **Headquarters**: NEW ALBANY, OH
- **Employees**: 43 200
- **Website**: https://corporate.abercrombie.com
- **Market cap**: $6.05B
- **Last price**: $142.58
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $9.87B
- **Net income**: $892M
- **Free cash flow**: $528M
- **Net debt**: $649M
- **P/E**: 11.3
- **Revenue growth (YoY)**: -33.1%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 87 |
| Growth | 42 |
| Profitability | 70 |
| Health | 59 |
| Quality | 77 |
| Moat | 48 |

## Qualifications (beginner checklist) — 9 of 10 passed

- [ ] Revenue growing — -33.1% YoY
- [x] Profitable — $892M TTM
- [x] Profit growing — +480.4% YoY
- [x] Generates cash — $528M TTM
- [x] Debt under control — ~1.2y of cash flow to repay
- [x] Established company — $6.05B market cap
- [x] Not printing shares — -18.9% shares over ~5y
- [x] Proven track record — 6/12 profitable years
- [x] Financially stable — Altman Z 4.3 — safe
- [x] Valuation not extreme — P/E 11.3

## Experience (career milestones)

- **FY2024** — Revenue crossed $10B: $11.5B for the year
- **FY2024** — Best year on record: $1.31B net income
- **FY2023** — Positive free cash flow every year since: 5-year streak
- **FY2021** — Turned profitable: $653M net income after a loss year
- **FY2016** — Revenue already above $1B: $7.77B in first reported year

## Strengths

- High gross margin (63.7%)
- Could repay net debt from ~1.1 years of free cash flow
- High returns on invested capital (ROIC 15.7%)
- Altman Z-Score 4.29 — low bankruptcy-risk zone

## Watch-outs

- Revenue shrinking 33.1% year over year
- Loss-making in 1 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2023 | $9.72B | $588M | $797M |
| FY2024 | $11.5B | $1.31B | $1.03B |
| FY2025 | $12.3B | $1.14B | $447M |
| FY2026 | $12.3B | $1.13B | $485M |
| FY2027 | $3.49B | $318M | $167M |

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Source: https://stockcv.com/ANF — derived from company filings; may be delayed or incomplete. Information, not investment advice.