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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.
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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.
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