Abercrombie & Fitch (ANF)

Abercrombie & Fitch today reported net sales of $245.7 million for the four-week period ended November 28, 2009, an 8% decrease from net sales of $267.3 million for the four-week period ended November 29, 2008. November comparable store sales decreased 17%. Total Company direct-to-consumer net merchandise sales increased 3% to $24.5 million.
Fellow teen retailer Aeropostale also reported disappointing November sales, which does not bode well for the holiday shopping season.

Dec 3 · 12:29:00 PM · Source: PR Newswire
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by Rich Pike