Thursday, November 15, 2012

Abercrombie & Fitch - Strong Quarter Gives Investors An Opportunity To Take Profits


Shares of Abercrombie & Fitch (ANF) rose more than 34% in Wednesday's trading session. The specialty retailer focused on casual apparel reported its third quarter results before the market open.
Third Quarter Results
Abercrombie & Fitch reported third quarter revenues of $1.17 billion, up 8.7% on the year. Analysts expected Abercrombie to report quarterly revenues of $1.11 billion.
Total US sales, including direct-to-consumer sales were approximately flat at $818.6 million. International sales rose 37% to $351.1 million. 
Read the entire article on Seekingalpha by clicking the following link

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