In June 2008 Mr. John Dessauer was writing:
Abercrombie & Fitch (NYSE: ANF, $72.60) said April same-store sales rose 6%. Analysts expected a 2% rise. Total net sales rose 18%. This is more evidence that the consumer is not tapped out. Food and gasoline prices are up, but shoppers still love to shop at Abercrombie & Fitch.
Last Friday, october 3rd - 4 months after this sentence, ANF closed at $36.06 for a -50%.
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