Roberm73

Susquehanna cuts Abercrombie & Fitch (ANF -2.2%) to Neutral, citing "a combination of what we deem to be fair valuation and remaining headwinds facing luxury positioned brands." Firm says diehard customers remain satisfied, but is worried ANF's higher-priced merchandise will continue to pressure transaction size.

Until they take there head out the sand they will not have any kind of profits.