If any of you have teenagers, then you will know about ANF. The stock is having a nice day today and made the largest percentage gainers list. I do not own any shares of this nor does any member of my family.
ANF is currently (12:46 pm CST) trading at $29.07 up $1.33 or 4.79% on the day.
On May 13, ANF reported first quarter earnings ending May 3, 2003, rose 13% to $.26 from $.23 for the comparable period last year.
Looking at Morningstar, we find a 5 year growth from 0.5 billion to 0.8 in 1999, 1.0 in 2000, 1.2 in 2001, 1.4 in 2002 and $1.5 billion for the trailing twelve months. This company is cash-flow positive generating 200 million in the past 12 months...almost double the 107 million reported by Morningstar in 2002.
Another great pick for a beautiful late spring day.
Regards to my friends! Bob