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Jeans Aren't The Only Thing Being Destroyed At Abercrombie (ANF)
Posted on 07/29/10 at 10:07am by Jason Raznick
Shares of Abercrombie & Fitch (NYSE: ANF) are likely to see pressure this morning as the company is running a surprise 40% off sale on all denim. You can see the sale here.
This is extremely early and and aggressive pricing for the back to school shopping season.
Shares of Abercrombie opened up strong this morning but have since turned negative on this news, down 9 cents to $36.29.
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