Financial News

Greater than expected loss for Abercrombie & Fitch

Abercrombie & Fitch Co. (NYSE: ANF) reported a greater than expected loss for the first quarter of 59 cents per diluted share compared with a loss of 91 cents per diluted share last year as sales fell to miss estimates. Shares of the teen apparel retailer plummeted $4.81 to $20.27.
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