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Abercrombie & Fitch today reported net sales of $267.3 million for the four-week period ended November 29, 2008, a 24% decrease from net sales of $352.3 million for the four-week period ended December 1, 2007.
Abercrombie & Fitch Co. shares climbed Thursday after a Barclays Capital analyst said he was more optimistic about the teen retailer's prospects following a meeting with its Chief Executive Mike Jeffries.
An analyst said Monday Abercrombie & Fitch Co.'s new Hollister store in London is the start of international expansion that will likely help the company in the long term.
Abercrombie & Fitch today reported net sales of $275.4 million for the five-week period ended October 4, 2008, a 7% decrease from net sales of $297.4 million for the five-week period ended October 6, 2007.
Shares of American Eagle Outfitters Inc. tumbled on Friday, after an analyst said teen apparel rival Abercrombie & Fitch Co. might perform better long term.
J.C. Penney Co Inc and Abercrombie & Fitch Co reported quarterly profits that beat Wall Street expectations on Friday, but came up short in their earnings forecasts, joining other U.S. retailers who fear a deeper slowdown in consumer spending toward year's end.
Teen clothing retailer Abercrombie & Fitch Co reported a lower quarterly profit on Friday, hurt by a higher tax rate and declining sales at stores open at least a year.
Shares of Abercrombie & Fitch Co. on Thursday hit their lowest price in more than two years after the apparel retailer reported weak July same-store sales, cut its second-quarter outlook and an analyst downgraded the stock.
Teen apparel retailer Abercrombie & Fitch Co. said Thursday same-store sales dropped 7 percent in July and missed Wall Street expectations.
Teen apparel retailer Abercrombie & Fitch Co. on Thursday said same-store sales fell 3 percent in June, due to weak sales of women's apparel and fewer transactions per store.