|Bid||9.49 x 1400|
|Ask||9.85 x 100|
|Day's Range||9.35 - 9.66|
|52 Week Range||8.81 - 23.29|
|PE Ratio (TTM)||-35.54|
|Dividend & Yield||0.80 (8.36%)|
|1y Target Est||N/A|
The apparel retailer industry is a disaster, and premium brands are no exception. Popular names, such as Abercrombie & Fitch Co. (NYSE:ANF) and American Eagle Outfitters (NYSE:AEO), are down 20% and 23% year-to-date, respectively. Ordinarily, we’d assume any apparel retailer is dead on arrival.
Abercrombie & Fitch Co. (ANF) is slated to release 2Q17 results. Management expects comps to remain challenging, and gross margin to be pressurized.
The clothing retailer opted not to pursue a sale of the company. Here's what investors need to know.