ROTH investor conference is Sunday - Wednesday. Implications of a new tax on some high net-wealth individuals from Moss Adams Capital. "The Legacy of Bing," next up at SHACC. Details on Industry Insight.
For Abercrombie & Fitch, which owns Hollister and several other chains, comp store sales companywide fell 7 percent.
Weaker than expected July results caused the company to lower second quarter earnings guidance.
Hollister guys: up mid-single digits
Hollister girls: down in the mid teens
Strongest regions companywide: Flagship stores, US tourist stores, Southwest
Weakest regions companywide: Midwest
Strong male categories companywide: knit tops, shorts, jeans, fragrance
Weak male categories: graphic T-shirts
Strong female categories companywide: jeans
Weak female categories: knit tops, fleece, woven pants