One Thing Abercrombie M&A Rumors Don’t Change: It’s A Declining Retailer That May Never Again Turn A Profit
With core business clearly deteriorating, Abercrombie & Fitch Co. ANF 2.4% bulls have been shifting their attention to recent market buyout rumors. Unfortunately, the M&A route may be a dead-end for Abercrombie as well, Morgan Stanley analyst Kimberly Greenberger said.