Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of hip clothier Abercrombie & Fitch
So what: For its part, Abercrombie said comparable-store sales fell in flagship stores in Europe, Japan, and Canada. Worldwide, comps rose 8% year to date, but pockets of international weakness weighed on the shares. Janney questioned the exportability of the Abercrombie concept.
Now what: Fools probably aren't surprised by the comments, even if Wall Street and Big Money investors were. Throughout the past year Abercrombie & Fitch has rated just one of out five possible stars in our Motley Fool CAPS investor intelligence database. How do you rate the stock? Would you buy shares of Abercrombie & Fitch at current prices? Please weigh in using the comments box below.
Interested in more information about Abercrombie & Fitch? Add it to your watchlist.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
Has Abercrombie & Fitch Finally Found the Secret to Success?
The clothing retailer looks like it's on the comeback trail, but looks can be deceiving.
Stay Away! 3 Dividend Stocks That Are Yield Traps
CenturyLink, National CineMedia, and Abercrombie & Fitch are all dangerous income investments.
3 Top Dividend Stocks With Yields Over 3%
Looking for top income-generating stocks? Kinder Morgan, Abercrombie & Fitch, and IBM should be on your radar.