Seeking Alpha

Fickle teenagers strike again: After teen-oriented retailers Abercrombie & Fitch (ANF...

Fickle teenagers strike again: After teen-oriented retailers Abercrombie & Fitch (ANF +1.8%), Aeropostale (ARO +1.3%), and American Eagle Outfitters (AEO +2.1%) all posted disappointing results amid slumping same-store sales for the first part of the year, the question of the day in the sub-sector is what exactly do teens like? Though Urban Outfitter (URBN +1.6%), privately-held Forever 21, Vera Bradley (VRA -0.6%), and Lululemon (LULU +0.7%) all scored well in surveys and analyst polling - it was Nike (NKE +0.6%) that rated as the demographic's strongest preference. It's not a bad trend for Dick's Sporting Good (DKS +0.7%) either with 17% of the sporting good giant's sales tied to the swoosh.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)