Abercrombie Stock Soars On Strong Earnings, Outlook
Strong international results and surging online sales listed preppie clothier Abercrombie & Fitch (ANF) over analysts' expectations. It boosted its all-important holiday quarter outlook, even as new government data showed consumers pairing back spending. The company, which has previously posted three consecutive quarters of declining earnings and slower sales growth, surged wildly on the report. A&F was up 28% midday Wednesday to 39.81. The teen
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