Abercrombie Sales Beat Underwhelms After Big Run-Up in Stock

(Bloomberg) — Abercrombie & Fitch Co. beat analysts’ sales expectations for the sixth consecutive quarter, but it wasn’t enough to impress investors who have grown accustomed to the ’90s fashion comeback. Most Read from Bloomberg The retailer said comparable sales rose 18% in the second quarter, exceeding the 15% growth that analysts had projected. The … Read more