Shares of leading specialty retailer Abercrombie & Fitch (ANF) have rallied 86.9% in price year-to-date with the easing of pandemic-driven restrictions facilitating increased foot traffic in retail stores. Given the firm fundamentals of ANF and its discounted valuation, would it be worth investing in ANF at current prices? Let’s find out.Abercrombie & Fitch Co. (ANF) is a multi-brand omnichannel retailer of clothes and accessories for men, women, and children, operating under Hollister, Abercrombie & Fitch, Abercrombie Kids, Moose, Seagull, and Gilly Hicks brands. ANF headquarters are located in New Albany Ohio.

To close yesterday’s trading session, the shares of the company gained 66.7% and 86.9% respectively over last year. This price hike is due to the firm’s solid top-line growth that has been driven all across business segments.

Company’s ongoing efforts to deliver quality products and services have contributed to the firm’s impressive growth characteristics over time. We believe that the ANF store’s foot traffic is expected to increase in the next few months due to holiday season.

Continue reading on StockNews