Over the next several weeks, specialty retailers will begin reporting their quarterly earnings. While overall consumer spending has been damp, there still should be some bright spots in the quarter.
, while facing tough comparisons this year, is
still managing to remain resilient
Abercrombie & Fitch
, which posted a whopping 32% plunge in June same-store sales, is working to improve merchandise and remain competitive in pricing.
American Eagle Outfitters
, while also struggling, reaffirmed its second-quarter earnings between 12 cents and 15 cents per share when it released June sales earlier in the month.
has already announced that its fourth-quarter same-store sales tumbled 29.2% and that its quarterly earnings will be at or below the low end of its previous forecast range of 2 cents to 10 cents a share.
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