Stock News | Market Tamer Stock and Options Training

Abercrombie & Fitch (ANF) posted its third-quarter report, beating out not only Wall Street expectations but many investors' expectations. With the holiday shopping spree right around the corner and consumers continuously adapting to fit around inflation and economic headwinds, retailers are doing what they can to adjust accordingly. Telsey Advisory Group CEO Dana Telsey joins Yahoo Finance to discuss the state of retailers, how Abercrombie has had the edge over other retailers, and how some retailers like Gap (GPS) are trying their best to mimic Abercrombie's success. "Look what's happened, the core Abercrombie brand has become a lifestyle brand. The new stores that they're opening in neighborhoods like Flatiron in New York City, they're smaller but they're very productive," Telsey says. "You look at Hollister, where it's had its second quarter of second consecutive sales growth, she's [Abercrombie & Fitch CEO Fran Horowitz] put the data together of who her customer is, offering them what they — it's unique, it's different, and it's an environment that people want to go together to shop and convert." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Bet on Potential Earnings Beat With 5 Top-Ranked Stocks

Earnings Estimates Moving Higher for Gap (GPS): Time to Buy?

Xcel Brands (XELB) Stock Gains Despite Q3 Loss, Y/Y Revenue Dip

Trading The Gap: Technical Analysis Meets Retail

Best Income Stocks to Buy for November 21st

3 Compelling Stocks to Buy Ahead of Cyber Monday 2023

15 Largest Wool Producing Countries in the World

Here are 2 turnaround stories for investors to watch in 2024

Gap (NYSE:GPS) Is Due To Pay A Dividend Of $0.15

Gap, BJ's Wholesale, and Ross retailers: Trending Tickers

Gap (GPS) soared after reporting better-than-expected third-quarter results, posting $3.77 billion in revenue versus $3.60 billion expected. Despite sales dropping to $3.77 billion, down from $4 billion last year, the stock is up 30% for the day and almost 60% year-to-date. BJ's Wholesale (BJ) reported third-quarter earnings. The warehouse club retailer's same-store sales missed estimates and cited shifts in consumer behavior and other headwinds for its weaker sales outlook. Ross Stores (ROST) third quarter results beat analyst estimates on both the bottom and top-line. The retailer also boosted its full-year guidance. During the company conference call, CEO Barbara Rentler said “we also remain confident in the resilience of the off-price sector, and our ability to operate successfully within it, especially given consumers’ heightened focus on value and convenience,” pointing to wary consumers who have been looking for value during high inflation. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

GPS Stock Spikes 30% On Gap Earnings; ROST Stock Breaks Out