Category: Baystreet Newswire Company: Wall Street Fundamentals ID: 410871 Date: Friday, January 10, 2014 Ticker: NYSE:AEO A disappointing holiday season has seen a number of major retailer slash forecasts in recent weeks. On Thursday both American Eagle Outfitters and Bed Bath & Beyond lowered fiscal fourth quarter earnings expectations. While discounts attracted more customers to spend this holiday season, it had a major impact on companiesí profits. "This was a holiday season that most stores would like to forget," said Ken Perkins , president of Retail Metrics. Here is how some retailers reacted Thursday: American Eagle Outfitters (NYSE: AEO) shares traded in the range of $14.89 to $15.56 Thursday before settling to close at $15.33 , an increase of 2.0 percent. The stock appears to be facing some resistance at the $15.46 and $16.33 levels with some support at $14.98 . Shares of American Eagle Outfitters have fallen approximately 25.0 percent in the past year. More information on American Eagle Outfitters and access to the free equity report can be found at: www.WallStreetFundamentals.com/AEO Abercrombie & Fitch Co. (NYSE: ANF) shares traded in the range of $32.43 to $33.28 Thursday before settling to close at $33.21 , an increase of 0.88 percent. The stock appears to be facing some resistance at the $33.87 and $35.92 levels with some support at $31.86 . Shares of Abercrombie & Fitch have fallen approximately 30.0 percent in the past year. More information on Abercrombie & Fitch and access to the free equity report can be found at: www.WallStreetFundamentals.com/ANF The Gap Inc. (NYSE: GPS) shares traded in the range of $38.62 to $39.47 Thursday before settling to close at $39.42 , an increase of 0.56 percent. The stock appears to be facing some resistance at the $39.95 and $40.36 levels with some support at $39.30 . Shares of The Gap have gained approximately 22.0 percent in the past year. More information on The Gap and access to the free equity report can be found at: www.WallStreetFundamentals.com/GPS L Brands Inc. (NYSE: LB) shares traded in the range of $56.76 to $58.50 Thursday before settling to close at $57.75 , a decrease of 4.05 percent. The stock appears to be facing some resistance at the $60.78 and $65.60 levels with some support at $55.68 . Shares of L Brands have gained approximately 28.0 percent in the past year. More information on L Brands and access to the free equity report can be found at: www.WallStreetFundamentals.com/LB Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace. Activate your always free membership by signing up at www.WallStreetFundamentals.com today. Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release. Contact:Wall Street FundamentalsWebsite: www.WallStreetFundamentals.comEmail: email@example.com
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