The results ANF witnessed in Q1 2021 have confirmed a rise of 6% from Q1 2019 including growing by 18% within the company’s biggest market, the US market.
But it was the stock’s Hollister brand that accounted for the biggest contribution contributing 57% towards total net sales. Both totals beat analysts' predictions respectively. Within the stocks Q1 report, ANF confirmed that sales rose better than expected by 61% to $781.4 million year-over-year with digital sales rising by 52%. The American lifestyle retailer Abercrombie & Fitch Company (ANF) offers high-quality casual apparel wear for men, women and children and is made up of three additional brands: Hollister Co, Abercrombie Kids and Gilly Hicks.
5 Best Small-Cap Stocks With Growth Potential On that note, here are our top 5 chosen small-cap stocks with growth potential that have been poised to continue to grow well by analysts through 2021 and beyond as the economy continues to ride the COVID-19 storm.
The Russell 2000 index has witnessed a good run over 2021 so far, with the index being up approximately 11.6% for the year, slightly trailing behind the leading S&P 500 index that has risen above 16% throughout the course of 2021.īut many analysts have forecast that the small-cap run may be slowing down due to the ongoing spread of the new delta variant and inflation implications which will see investors look to bigger stocks for more security to ride smoother through volatility rather than take risks with smaller stocks.īut the positive to keep hold of in this case is that right now looks to be an opportune time to buy these smaller growing assets whilst they sit at discounted prices and are still making their mark within their industries. Historically small-cap stocks are known to outperform large-cap stocks within a bull market, or in simpler terms, small-cap stocks are in their prime at the start of an economic recovery. As the economy continues its recovery, here are 5 small-cap stocks with growth potential that investors don't want to miss out on.ĭespite the market accelerating in 2021, Wall Street and investors across the globe have been very optimistic on small-cap stocks as these exciting assets have managed to maintain their successful run going into the second half of the year leading many to add one or two of these blossoming smaller assets to their growing portfolio.
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