Abercrombie & Fitch Co.’s shares were trading at $97.87 on November 28th, with a trailing P/E of 9.42 and a forward P/E of 9.15. The company has shown strong fundamentals and resilience through external shocks, with a 20% short interest contrasting sharply with its FCF/EV yield above 20%.

ANF continues its multi-year turnaround with a nuanced omnichannel strategy, posting record earnings last year and driving 12 consecutive quarters of growth. Expansion into nostalgia-driven branding and a new kids line through partners like Macy’s provides a broadening base of momentum, signaling potential for further growth and stock appreciation.

Recent bullish theses on Abercrombie & Fitch Co. emphasize the company’s undervaluation, strong comparable sales growth, and successful brand repositioning. With the stock price appreciating nearly 20% since coverage, investors see a compelling margin of safety and attractive risk/reward profile, supported by management’s conviction in intrinsic value and strategic initiatives.

Read more at Yahoo Finance: Abercrombie & Fitch Co. (ANF): A Bull Case Theory