Abercrombie seen as having a tough road ahead as it tries to regain its mojo.
President John F. Kennedy’s casual New England look has influenced generations.
Hollister comps were up 3%, but Abercrombie’s were down 10%.
The consensus estimate pegs Q1’s net loss at 70 cents a share, on sales of $651 million.
Analysts say strategic buyers tend to have difficulty merging specialty retailers.
Abercrombie said there’s “no assurance” any discussions will lead to a definitive agreement.