It's a simple enough question. Do you think market prices should be driven by expectations? Is there evidence that analyst expectations have an effect on market prices, with stock generally, and Abercrombie in particular? Does it make a difference who is generating these expectations?
The whole point of lowering expectations is to establish a goal they can exceed. If they can't beat them fairly immediately, they haven't lowered them far enough. And for investors, in a company like Abercrombie 2018 is too far away. They really need to have a good Christmas this year.