Abercrombie Posts 3.4% Profit Gain, Hems In Plans
By Lauren Pollock
Word Count: 184
| Companies Featured in This Article: Abercrombie & Fitch
Abercrombie & Fitch Co. said fiscal-first-quarter profit rose 3.4% amid rising margins and announced it will rein in store-opening plans this year.
The New Albany, Ohio, teen-clothing retailer said the gross-profit rate for the quarter ended May ...