Abercrombie & Fitch Up 10% After Reporting Earnings In-Line - Abercrombie & Fitch (NYSE:ANF)

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Shares of Abercrombie & Fitch (NYSE: ANF) are up nearly 10% after the company reported revenues in line with estimates.The company today reported unaudited results which reflected net income of $19.6 million and net income per diluted share of $0.22 for the thirteen weeks ended January 28, 2012, compared to net income of $92.6 million and net income per diluted share of $1.03 for the thirteen weeks ended January 29, 2011. The Company also reported net income of $127.7 million and net income per diluted share of $1.43 for the fifty-two weeks ended January 28, 2012, compared to net income of $150.3 million and net income per diluted share of $1.67 for the fifty-two weeks ended January 29, 2011.

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