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Zacks
Abercrombie & Fitch and Havertys have been highlighted as Zacks Bull and Bear of the Day
Abercrombie & Fitch and Havertys are part of the Zacks Bull and Bear of the Day article.
Zacks
Bull of the Day: Abercrombie & Fitch (ANF)
It's one of the hottest retailers right now.
Reuters
Americans are getting pickier, but they are still spending on hot items
Investors are scouring U.S. credit card spending patterns to size up which, if any, trends could give specialty retailers a boost in the summer months. Recent quarterly results from retailers show shoppers are selectively buying non-essential, nice-to-have products - forgoing electronics, but not being shy about plunking down cash on those wide-legged jeans they've been coveting. That's been good for sales of in-vogue products such as Birkenstock's shoes, Abercrombie and Fitch's jeans and Vuori's athleisure clothing - and less so for products from Home Depot and Best Buy.