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Non-Tech : Abercrombie and Fitch -- Ignore unavailable to you. Want to Upgrade?


To: Roader who wrote (225)10/8/1999 5:09:00 PM
From: Adam Nash  Read Replies (2) | Respond to of 335
 
There was a rumor, reported on CNBC, that ANF will miss same-store sales targets. They halted trading because of it.

Right now, there is no news to indicate if this is true or just rumor. Unfortunately, ANF does not release monthly sales information, so we are stuck waiting for quarterly information.

Personally, I would be surprised since anecdotal evidence is all to the contrary. Especially given recent upgrades - if something is afoot here, analysts will be very upset with poor guidance from ANF.