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Abercrombie Posts Q2 Profit, Sales Surprise—Here’s How

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Tight inventory management helped Abercrombie & Fitch Co. deliver a second-quarter surprise on profits and sales, not to mention its best operating income report for the quarter in six years. In a Nutshell: CEO Fran Horowitz said the teen-friendly retailer is “listening, learning and evolving, and staying nimble in this unprecedented period of turmoil and uncertainty. Since the start of…

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