The retailer continues to adopt measures to help it weather COVID-19’s fallout.
News & Analysis: Abercrombie & Fitch
This apparel store has plenty of cash to survive COVID-19 and could be a promising value play.
ANF earnings call for the period ending May 2, 2020.
Investors were not pleased with the retailer's earnings, which were expected to be bad...but not this bad.
Both firms see a significant upside thanks to brand strength and other factors.
Bleak economic news and a downgrade could be pulling these chains lower.
The retail apocalypse may be accelerated after the coronavirus pandemic.
Already struggling with sluggish sales and low gross margin, the company will face significant challenges from store closures.
Its CEO also took the opportunity to add to her stock holdings while prices are low.
Already under pressure from e-commerce, malls are now facing an even more menacing threat.