Abercrombie & Fitch Reports Its Best Ever Quarter That Officially Cement It As One Of The Biggest Retail Winners
On Wednesday, Abercombie & Fitch Co. (NYSE: ANF) continued to surpass expectations. For the fiscal first quarter, sales jumped 22% YoY with profits multiplying about seven times compared to last year’s comparable quarter. Upon the report, shares rose 25% on Wednesday but tumbled on Thursday.