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Abercrombie & Fitch Shares Surge on Strong Earnings and Raised Guidance

Abercrombie & Fitch reported a second-quarter earnings beat driven by a $100 million tariff refund and robust consumer demand, prompting the company to raise its full-year forecast. The positive results sent shares up nearly 37 percent, contrasting sharply with Kohl’s stock decline despite its own earnings beat.

26 Aug, 12:26 — 26 Aug, 16:59
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