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Wednesday, 28 May 2003
May 28, 2003 Abercrombie & Fitch Co. (ANF)
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


Posted by bobsadviceforstocks at 12:53 PM CDT | Post Comment | Permalink

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