Retail News

Abercrombie & Fitch surprises Wall Street with earnings gains

Reuters 08/28/2020

Shares of Abercrombie & Fitch surged by as much as 17 percent after the retailer reported that cost-cutting and a big jump in digital sales helped it earn a profit of 23 cents a share in the second quarter. Analysts had been expecting A&F to post a loss of 83 cents.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!