Abercrombie & Fitch (ANF) Gains as Brands Stabilize Among Teens

Abercrombie & Fitch (NYSE: ANF) is solidly higher today (+2.9%) after Piper Jaffray's 29th Semi-Annual Taking Stock With Teens survey showed the brand is stabilizing among U.S. teens.

Hollister remained at No. 7 overall among upper-income teens, consistent with last fall and relative to No. 5 last spring, analyst Neely Tamminga commented. Hollister also showed up as a top 10 new brand that teens are starting to wear among males (No. 9), and both A&F and Hollister remained stable among brands no longer worn.

As it relates to our average-income survey group, Hollister remained at No. 5, consistent with last fall and a year ago.

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