Abercrombie and Fitch, Why I would invest

BUSN 379 - Summer 2008

Research Assignment

Introduction

This research is to find out the investment opportunity in the Abercrombie Fitch stock . The company is listed on the New York Stock Exchange under the ticker symbol ANF . In the Wall Street Journal stock index , the company name is abbreviated as Abercrombie . You may purchase shares of Abercrombie Fitch stock through a licensed stock broker . Abercrombie Fitch made its initial public offering on September 26 , 1996 . Per share offering was 16 . Common shares of Abercrombie Fitch 's stock split two-for-one on May

25 , 1999

Overview

Business Overview

Abercrombie Fitch Co (A F , through its subsidiaries , is a specialty retailer that operates stores and Websites selling casual sportswear apparel , including knit and woven shirts , graphic t-shirts , fleece jeans and woven pants , shorts , sweaters , outerwear , personal care products and accessories for men , women and kids under the Abercrombie Fitch , abercrombie , Hollister and RUEHL brands . In addition , the Company operates stores under the Gilly Hicks brand offering bras , underwear personal care products , sleepwear and at-home products for women . As of February 2 , 2008 , the Company operated 1 ,035 stores in the United States , Canada and the United Kingdom . The Company 's operating segments are Abercrombie Fitch , abercrombie , Hollister , RUEHL and Gilly Hicks

Financial stability

The Company had net sales of 3 .750 billion for the fifty-two weeks ended February 2 , 2008 , up 13 .0 from 3 .318 billion for the fifty-three weeks ended February 3 , 2007 . Operating income for Fiscal 2007 increased 12 .5...