Abercrombie & Fitch Stock Climbs 59% in 3 Months: Is There More Upside?

Abercrombie & Fitch (ANF) has climbed 58.9% over the past three months, outpacing its retail sector peers on the strength of operational momentum that shows no signs of fading. The rally comes as the company posted record second-quarter sales, marking its 15th consecutive quarter of growth.

ANF's brand strength spans both its Abercrombie and Hollister banners, supported by disciplined inventory management and expansion into new product categories and partnerships. The company has raised its fiscal 2026 guidance, while analysts have revised earnings estimates higher.

Despite the sharp three-month run, the stock trades at a forward price-to-earnings ratio of 11.51, below the retail industry average, leaving room for multiple expansion if the growth trajectory holds. The valuation discount suggests the market hasn't fully priced in the sustainability of ANF's turnaround.