August 2, 2012
The following video is from today's MarketFoolery podcast, in which host Chris Hill, along with Bryan Hinmon, Jason Moser, and Joe Magyer, discuss the latest business news. Shares of Abercrombie & Fitch were down as much as 15% on Thursday after the company lowered guidance for both the quarter and the full year. In this segment, the guys analyze the fashion retail industry, examine A&F's struggles at a time when both Gap and American Eagle are reporting rising comps, and share why investors should steer clear of Abercrombie & Fitch.
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