NEW YORK (TheStreet) -Since when do comparable sales down 8% equal a "good" result? Well, at Abercrombie (ANF - Get Report) the stock has come down just enough to make that statement true. While Abercrombie in particular has been a troubled name under its CEO Mike Jeffries, this stock reaction is a lesson in what is happening in retail this week. Check out my video with Brian Sozzi of Belus Capital just before the quarter on why I predicted the stock would be up even though I thought results would be lackluster:
--Written by Nicole Urken in New York.
>Contact by Email
11/14/14 - 08:54 AM EST
11/14/14 - 08:35 AM EST
10/31/14 - 10:02 AM EDT
06/09/14 - 09:36 AM EDT
05/29/14 - 11:15 AM EDT
04/29/16 - 15:55 PM EDT
04/29/16 - 15:33 PM EDT
04/29/16 - 11:02 AM EDT
04/29/16 - 10:51 AM EDT
04/25/16 - 01:00 AM EDT
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Trifecta Stocks analyzes over 4,000 equities weekly to find the elite 1% of stocks that pass rigorous quantitative, fundamental and technical tests.
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
Chris Versace, using sophisticated stock screening and fundamental research, identifies potentially explosive small and mid-cap stocks.
Master swing trader Alan Farley uses his sophisticated software screens to review thousands of stocks each day for you, to find just the handful that meet his demanding criteria.