Abercrombie & Fitch beats estimates, stock up 5%

Casual wear retailer Abercrombie & Fitch (ANF) reported a beat on its earnings and revenue estimates for the first quarter of this year. The stock continued its momentum of the year-long upward trend, jumping more than 5% in the premarket on the positive first-quarter results. The New Albany, Ohio-based retailer gained 11% year-over-year on its … Continue reading Abercrombie & Fitch beats estimates, stock up 5%