Research on Abercrombie & Fitch Co. and American Eagle Outfitters Inc. -- Back to School Sales Positive
October 08 2010 - 9:23AM
Marketwired
www.stockcall.com/ offers investors comprehensive research on the
apparel stores industry and has completed analytical research on
Abercrombie & Fitch Co. (NYSE: ANF) and
American Eagle Outfitters Inc. (NYSE: AEO).
Register with us today at www.stockcall.com/ to have free access to
these researches.
Apparel stores have posted mixed profits from the back to school
season with discount stores seeing lower than expected gains. On
the other hand, teen apparel stores have seen profits rise higher
than expected. While high levels of unemployment remain of concern
to the industry, there has been an increase in consumer spending
and the positive back to school results have provided hope for the
all important holiday season.
www.stockcall.com/ is an online platform where investors doing
their due-diligence on the apparel stores industry can have easy
and free access to our analyst research and opinions on Abercrombie
& Fitch Co. and American Eagle Outfitters Inc.; investors and
shareholders of these companies can simply register for a
complimentary membership at
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The relationship between the back to school season and holiday
season has always been strong, following these positives results
the national retail federation has revised its estimate for the
holiday season to an increase of around 2.5 percent. Visit
www.stockcall.com/ to see how companies in this industry have grown
over the past years and how they are expected to perform in the
future.
Companies in the industry are still plagued by frugal spending
and have had to resort to discounting already cut-price items in
order to move their stocks. During the month of September it was
estimated that companies in teen apparel reduced their unit retail
prices by an average of about 12 percent. Despite this continued
discounting teen apparel stores have been pleased by the increase
in spending and are hopeful for a profitable holiday season.
Register now at
https://stockcall.com/development/stockcall/page.php?name=register.html
to have free access to our reports on the apparel stores
industry.
Yesterday, Abercrombie & Fitch Co. posted same-store sales
figures that blew Wall Street projections to the sky. With analyst
consensus predicting a 3.6% rise in same-store sales for September,
Abercrombie & Fitch Co. delivered a surge of 13% for the month.
Net sales jumped by 25% to $305.3 million. Shares of Abercrombie
& Fitch got a good boost closing at $42.03. Whilst it was hard
to beat Abercrombie & Fitch readings, American Eagle Outfitters
Inc. also reported a rise in comparable store sales for September
at 4%. More than its own results, shares of American Eagle
Outfitters close at $16.23 on high volumes boosted by Abercrombie
& Fitch optimistic results. Investors can register for free to
access the research reports on Abercrombie &
Fitch Co. and American Eagle Outfitters
Inc. at www.stockcall.com/ANF081010.pdf or
www.stockcall.com/AEO081010.pdf.
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