More on Abercrombie & Fitch's (ANF): The company's dramatic sequential trend improvement in...

|About: Abercrombie & Fitch (ANF)|By:, SA News Editor

More on Abercrombie & Fitch's (ANF): The company's dramatic sequential trend improvement in its international business helped drive the dramatic earnings beat. On a Y/Y comparison things don't look as rosy, total comparable sales fell 3% with drops seen across all major brands. Total Company direct-to-consumer sales increased 20% to $158.3M during the quarter. Gross margin rose 240 bps to 62.5%. ANF +26.5% premarket. (PR)