|Bid||35.955 x 342600|
|Ask||36.250 x 122100|
|Day's range||35.925 - 36.265|
|52-week range||27.180 - 36.650|
|PE ratio (TTM)||35.48|
|Earnings date||14 Jun 2017|
|Dividend & yield||0.55 (1.34%)|
|1y target est||N/A|
Abercrombie & Fitch Co, which has put itself up for sale, posted a smaller-than-expected drop in same-store sales, helped by strong demand for surfwear brand Hollister. Shares of the teen apparel retailer, for which rival American Eagle Outfitters Inc and private equity firm Cerberus Capital Management are reportedly planning to bid, rose 10 percent to $14.18 on Thursday. Apparel retailers, including Abercrombie, have been hurt by fierce competition from fast-fashion retailers such as H&M and Inditex's Zara as well as from online retailers such as Amazon.com Inc.
You may be reading mixed headlines about the retail space, but what remains true is that "shoppers gotta shop" and they haven't gone far in 2017.
LONDON/ISTANBUL, May 15 (Reuters) - Turkish clothing retailer Mavi Giyim plans to list on Istanbul's stock exchange, the company said on Monday, in what will be a test for the exchange 10 months after a coup attempt shook investor confidence in the region. Chief Executive Officer Cuneyt Yavuz said 82 percent of Mavi's business comes from Turkey, which has a growing and young population but in July the government resisted a dramatic coup attempt and a resulting crackdown has left tens of thousands of people sacked or arrested and unnerved markets. The Istanbul Stock Exchange has seen a sharp decline in listings: $14.3 million have been raised in IPOs so far this year, compared with $119.9 million in the same period last year, according to Thomson Reuters (Dusseldorf: TOC.DU - news) data.