- There's no sugar coating the awful string of sales reports turned in recently by teenager-focused retailers with today's release from Abercrombie & Fitch (ANF -19.5%) one of the worst of the lot.
- Even retail bulls like Wells Fargo's Paul Lejuez are getting turned around by the high level of promotional activity in the sector. "Nobody is immune," notes the analyst.
- Decliners: LTD -3.2%, CACH -1.1%, GPS -1.3%, BKE -1.4%, AEO -1.3%, TLYS -2%.
Promotional activity taking a toll on teenager-focused retailers
Aug 22 2013, 09:48 ET