Abercrombie & Fitch Co. (ANF) reported third quarter non-GAAP EPS of $0.48 Friday morning, up from $0.42 a year ago. Analysts expected EPS of $0.22.
Abercrombie & Fitch gapped open sharply higher Friday and advanced further in the early afternoon. Shares finished with a gain of 4.88 at $24.37, with volume at over an 8-month high. The stock broke out to its highest level since early March.
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