Abercrombie likely early winner

Investor's Business Daily

The operator of more than 1,000 clothing and accessories stores targeting young men and women was likely among big winners during the Black Friday weekend holiday kickoff. Abercrombie & Fitch (ANF), Wal-Mart Stores (WMT) and Macy's (NYSE:M)are estimated to have racked up big sales for the weekend, which the Nat'l Retail Federation said generated a total of $59.1 bil revenue. Specialty retailers Aeropostale (ARO) and Chico's FAS (CHS) saw relatively weaker traffic, analysts said. Abercrombie shares rose 0.5% to 44.61. Macy's fell 4.5% to 39.86.

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