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Is Abercrombie & Fitch Stock a Buy?

Is Abercrombie & Fitch Stock a Buy?

Abercrombie & Fitch (NYSE: ANF), like many other apparel retail stocks, has plunged this year as the COVID-19 crisis has forced its stores to close. A&F's growth had gradually stabilized after CEO Fran Horowitz took the helm in 2017, but its growth decelerated significantly in 2019 before the pandemic derailed its fragile recovery. What happened to Abercrombie & Fitch?