Abercrombie & Fitch (ANF) jumps on earnings
Posted on November 14, 2012 at 10:32 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 Shares of Abercrombie & Fitch Co. (NYSE: ANF) soared 28.6% to $40.11. The apparel retailer said that it earned $71 million, or 87 cents a share, for the third quarter, up from $50.9 million, or 57 cents a share, in the October quarter a year ago. Revenue rose to $1.17 billion, up from $1.08 billion a year ago. Analysts polled by FactSet Research had, on average, expected the company to earn 60 cents a share on revenue of $1.11 billion. Share volume was 1.1 million, halfway to a daily average of 2.2 million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}