Abercrombie & Fitch is surging after earnings beat expectations

Abercrombie & Fitch shares jumped by as much as 12% in pre-market trading on Friday after the company posted third-quarter earnings.

The apparel retailer crushed expectations, marking a departure from many of its peers during this quarter.

It reported third-quarter sales of $US878.6 million, beating the forecast for $US862.8 million according to Bloomberg.

Adjusted earnings per share came in at $US0.48, versus $US0.22 expected.

More to come, refresh this page for updates …

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