Abercrombie Not Going Anywhere

Abercrombie & Fitch Co. (NYSE: ANF) just announced their third quarter sales report and by the look of their sales, they are not going anywhere, anytime soon.

Though Abercrombie has closed down certain stores and a whole sector due to lack of sales, they are set for a better year end. Abercrombie has slowly become the brand of choice for both high school and college students and with their smart advertisements, they have gained a cult following. Customers seemed worried that their favorite brand might soon be a thing of the past but Abercrombie has proved that is not the case.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.