Bear of the Day: Abercrombie & Fitch (ANF)
In an environment where consumer spending on discretionary apparel is under pressure and import tariffs are looming large, many retailers find themselves contending with slowing top-line growth, margin headwinds and shrinking earnings expectations. Today’s Bear of the Day, is a stock that despite a recent rebound off deep lows, has seen its outlook darkened. Unfortunately, analysts have trimmed their profit forecasts, the company has cut its guidance, and macro-driven costs threaten to erode any near-term u ...