Is Abercrombie & Fitch Stock a Buy?
Abercrombie & Fitch (NYSE: ANF) has long been considered a staple brand in the apparel industry. In addition to the namesake stores, the company also operates the Hollister chain, which caters to the teen shopper and comprises most of the company's sales and store count.
Abercrombie & Fitch has been around for more than 100 years, and around 15 to 20 years ago, it was one of the hottest stores at the local shopping mall. However, the company has lost that former glory, gradually shrinking its store base in recent years while supporting the growing digital business. While there's not much growth here, Abercrombie does have some characteristics that could make it a good value play.
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Source Fool.com