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News Update: Abercrombie & Fitch Reported Same-Store Sales Rose 7% In July (ANF)

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Published on Aug 5, 2010

Abercrombie & Fitch (NYSE:ANF) reported that its same-store sales for July rose 7%, topping analysts' expectations for a rise of 4.1%.

Net sales for the four weeks ended July 31 increased 17% to $271 million.

The company operates stores under the Abercrombie & Fitch, Hollister, and Gilly Hicks names.

SmarTrend is bullish on shares of Abercrombie & Fitch and our subscribers were alerted to buy on July 08, 2010 at $35.61. The stock has risen 8.9% since the alert was issued.

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