Advertisement
Canada markets closed
  • S&P/TSX

    21,642.87
    -97.33 (-0.45%)
     
  • S&P 500

    5,051.41
    -10.41 (-0.21%)
     
  • DOW

    37,798.97
    +63.86 (+0.17%)
     
  • CAD/USD

    0.7233
    -0.0020 (-0.28%)
     
  • CRUDE OIL

    85.31
    -0.10 (-0.12%)
     
  • Bitcoin CAD

    88,006.17
    +630.39 (+0.72%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,399.50
    +16.50 (+0.69%)
     
  • RUSSELL 2000

    1,967.48
    -8.23 (-0.42%)
     
  • 10-Yr Bond

    4.6590
    +0.0310 (+0.67%)
     
  • NASDAQ futures

    17,894.00
    +17.75 (+0.10%)
     
  • VOLATILITY

    18.40
    -0.83 (-4.32%)
     
  • FTSE

    7,820.36
    -145.17 (-1.82%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6808
    -0.0016 (-0.23%)
     

What’s the Word on Wall Street for Apparel Retailers?

What’s the Word on Wall Street for Apparel Retailers?

As of September 27, 56% of the 18 analysts covering American Eagle Outfitters (AEO) stock have given it “hold” ratings. Abercrombie & Fitch (ANF) has received “hold” ratings from 50% of the 16 analysts covering its stock. The arrival of online retailers has pushed apparel retailers to revise their growth strategies to retain market share.