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Abercrombie and Fitch (ANF) Shares Skyrocket, What You Need To Know

Shares of young adult apparel retailer Abercrombie & Fitch (NYSE:ANF) jumped 27% in the afternoon session after the company reported a "beat and raise" quarter. First quarter results blew past analysts' revenue and EPS expectations, driven by its insanely high 21% year-on-year same-store sales growth (vs analysts' estimates of 12%). The sales performance was broad-based with Abercrombie brands up 31% while Hollister brands delivered growth of 12%. On the back of the stro...
Abercrombie Fitch What Happened Wall Street Always Forward Plan Special Free Report
Source: yahoo.com

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