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Abercrombie’s Q4 Beats on Profits and Sales as Transformation Gains Traction

Abercrombie & Fitch Co. had a very good fourth quarter, and investors sent shares rising in pre-market trading Wednesday after the specialty retailer bested Wall Street’s estimates and provided an upbeat guidance for fiscal 2019. In a Nutshell: Fran Horowitz, chief executive officer, said the company posted its “sixth consecutive quarter and second consecutive full…

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