Thursday, May 17, 2012

Abercrombie sinks 13%

Abercrombie & Fitch, the operator of more than 800 teen-clothing stores, fell after posting first-quarter revenue that trailed analysts’ estimates and saying weakness in Europe will hurt same-store sales this year. Abercrombie retreated 13 percent to $39.50.

Abercrombie & Fitch, Abercrombie

Nypost.com

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