Savings Experiment: Snow Removal
Bonds Are a 'Safe' Investment: A Big Lie Gets Even Bigger
Abercrombie & Fitch (NYSE: ANF) is probably the best managed specialty retailer of the pack. It's maintained strict discipline on pricing and discounting, unlike many of its peers. ANF has managed to expand its offerings into three separated branded chains selling to different markets.
And the company enjoyed accolades from Wall Street after it beat earnings estimates handily on Feb. 13, reporting earnings of $1.10 per share versus consensus of $1.01 per share. Shares were up over 10% on the news. While I think not much has changed with Abercrombie's operational expertise and its strategy, the current environment is simply not conducive to teens paying big bucks for clothes.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
