10 Tips For Closed Back Headphones Success

Abercrombie & Fitch Co. (ANF: sentiment, chart, options) announced before the open this morning the reason is fiscal fourth-quarter earnings fell 31%, as the teen clothing retailer's sales and margins continued to fall, but at a slower rate. For your quarter, ANF posted a profit of $47.5 million, or 53 cents a share, down from $68.4 million, or 78 cents a share, a year earlier. Excluding losses from discontinued operations and write-downs, earnings fell to 91 cents per possess. Analysts had predicted per-share earnings of 87 cents. The company said revenue decreased 4.6% to $936 million. Gross margin fell to sixty three.5%, from 64.6%, because of lower average unit prices, while inventories declined 17%.

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However, they cost more than twice the Denon's and sure almost all if may be worth the program. I had trouble to justify it for me, although I travel a lot and I will afford items.