November Sales Signal Stellar Holiday Season: 4 Retail Stocks to Buy [Yahoo! Finance]
Abercrombie & Fitch Company (ANF)
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Source: Yahoo! Finance
November's retail sales growth has given retailers a reason to cheer as the holiday shopping season reaches its epitome. The Commerce Department reported a 0.7% increase in sales, following October's upwardly revised reading of 0.5%. Retail sales, which reached an impressive $724.6 billion, highlight the underlying economic strength and showcase strong consumer spending on motor vehicles and online merchandise. A resilient labor market, steady wage gains and solid household finances fueled consumer spending activity. November's stellar performance came despite Cyber Monday being moved into December due to late Thanksgiving. This reflects robust consumer participation and a promising start to the shopping season. Compared to the last year, November's retail sales were up 3.8%. Early signs from the holiday shopping season suggest a positive outlook for the retail sector, thanks to easing inflation and improving purchasing power. The recent rate cut by the Federal Reserve has also b
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News
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- Forget Target, Invest in These 4 Promising Retail Stocks [Yahoo! Finance]Yahoo! Finance
- Abercrombie & Fitch Co. (NYSE: ANF) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Abercrombie & Fitch (ANF) Recently Broke Out Above the 200-Day Moving Average [Yahoo! Finance]Yahoo! Finance
ANF
Earnings
- 11/26/24 - Beat
ANF
Sec Filings
- 12/6/24 - Form 10-Q
- 12/5/24 - Form 4
- 12/4/24 - Form 4
- ANF's page on the SEC website