A retailer that operates stores selling casual apparel, such as woven and knit shirts, denim, graphic t-shirts, shorts, personal care and other accessories for men, women and kids under Abercrombie & Fitch, abercrombie, Hollister and RUEHL brands.
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As many others have stated, the P/E on this is ridiculous. Growth potential resulting from Hollister locations has already been milked to the limit. A&F's balance sheet will improve from 2008-2009, but not at the same pace as competitors. Even if retail/consumer discretionary blossoms on rising consumer confidence (which I believe it will), this company will be outpaced by more reasonably priced competitors.