SOURCE: StockCall


October 08, 2010 09:23 ET

Research on Abercrombie & Fitch Co. and American Eagle Outfitters Inc. -- Back to School Sales Positive

JOHANNESBURG, SOUTH AFRICA--(Marketwire - October 8, 2010) - offers investors comprehensive research on the apparel stores industry and has completed analytical research on Abercrombie & Fitch Co. (NYSE: ANF) and American Eagle Outfitters Inc. (NYSE: AEO). Register with us today at to have free access to these researches. 

Apparel stores have posted mixed profits from the back to school season with discount stores seeing lower than expected gains. On the other hand, teen apparel stores have seen profits rise higher than expected. While high levels of unemployment remain of concern to the industry, there has been an increase in consumer spending and the positive back to school results have provided hope for the all important holiday season. is an online platform where investors doing their due-diligence on the apparel stores industry can have easy and free access to our analyst research and opinions on Abercrombie & Fitch Co. and American Eagle Outfitters Inc.; investors and shareholders of these companies can simply register for a complimentary membership at

The relationship between the back to school season and holiday season has always been strong, following these positives results the national retail federation has revised its estimate for the holiday season to an increase of around 2.5 percent. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Companies in the industry are still plagued by frugal spending and have had to resort to discounting already cut-price items in order to move their stocks. During the month of September it was estimated that companies in teen apparel reduced their unit retail prices by an average of about 12 percent. Despite this continued discounting teen apparel stores have been pleased by the increase in spending and are hopeful for a profitable holiday season. Register now at to have free access to our reports on the apparel stores industry.

Yesterday, Abercrombie & Fitch Co. posted same-store sales figures that blew Wall Street projections to the sky. With analyst consensus predicting a 3.6% rise in same-store sales for September, Abercrombie & Fitch Co. delivered a surge of 13% for the month. Net sales jumped by 25% to $305.3 million. Shares of Abercrombie & Fitch got a good boost closing at $42.03. Whilst it was hard to beat Abercrombie & Fitch readings, American Eagle Outfitters Inc. also reported a rise in comparable store sales for September at 4%. More than its own results, shares of American Eagle Outfitters close at $16.23 on high volumes boosted by Abercrombie & Fitch optimistic results. Investors can register for free to access the research reports on Abercrombie & Fitch Co. and American Eagle Outfitters Inc. at or

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