Abercrombie & Fitch Company ANF

Competitive advantage analysis · consumer-cyclical

Corporate Default
Overall moat score
76/100
Strong

About Abercrombie & Fitch Company

Abercrombie & Fitch Co., through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. The company offers an assortment of apparel, personal care products, and accessories for men, women, and kids under the Abercrombie & Fitch, abercrombie kids, Your Personal Best, Hollister, and Gilly Hicks brands. It sells products through its … Full ANF analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 61.5% (top 6%) and operating margin at 13.3% (top 6%) indicate strong pricing power.
  • Scale Supporting Profitability Profitability at scale is strong (score 0.94), demonstrating competitive advantages.

Key risks

  • Volatile Margins Suggest Cyclicality Margin volatility is high (stability score 0.33), suggesting cyclical exposure or competitive pressure.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

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Pricing Power

Moderate
70

Where ANF ranks in Apparel Retail

Abercrombie & Fitch Company ranks #3 of 34 scored companies in Apparel Retail by moat score — the top 9%. The widest moat in the group is lululemon athletica inc. (LULU) at 83/100.

Moat scores for companies ranked near ANF in Apparel Retail
# Company Moat score Rating
1 lululemon athletica inc. LULU 83/100 Strong
2 Buckle, Inc. (The) BKE 81/100 Strong
3 Abercrombie & Fitch Company ANF 76/100 Strong
4 Boot Barn Holdings, Inc. BOOT 76/100 Strong
5 Ross Stores, Inc. ROST 75/100 Strong
6 TJX Companies, Inc. (The) TJX 74/100 Moderate
7 Urban Outfitters, Inc. URBN 73/100 Moderate
8 Gap, Inc. (The) GAP 71/100 Moderate
9 Burlington Stores, Inc. BURL 65/100 Moderate

See every General Corporate company ranked by moat score →

How ANF scores on the Corporate Default defenses

Pricing Power

Score 70 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 57 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 89 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 76 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 72 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 92 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding ANF's moat

What is Abercrombie & Fitch Company's moat score?

Abercrombie & Fitch Company (ANF) scores 76 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as strong. It ranks #3 of 34 scored companies in Apparel Retail, the top 9%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 33 companies in Apparel Retail. Its strongest defense is Scale & Market Position (92/100) and its weakest is Cost Advantage (57/100).

How does Abercrombie & Fitch Company compare with other Apparel Retail companies?

Abercrombie & Fitch Company ranks #3 of 34 scored companies in Apparel Retail by moat score. The widest moat in Apparel Retail is lululemon athletica inc. (LULU) at 83/100. The companies ranked closest are Buckle, Inc. (The) (BKE) at 81 just above it and Boot Barn Holdings, Inc. (BOOT) at 76 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 33 companies in Apparel Retail. The defenses are then weighted to produce the overall score out of 100.

Why is Abercrombie & Fitch Company scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for Abercrombie & Fitch Company?

The Corporate Default template measures 6 defenses, and ANF scores: Pricing Power (70), Cost Advantage (57), Customer Stickiness (89), Capital Efficiency (76), Resilience (72), Scale & Market Position (92). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

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