Abercrombie & Fitch +13% despite earnings whiff

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

Though Abercrombie & Fitch (ANF +12.7%) missed estimates across the board (revenue, EPS, comparable sales) - shares are flying higher off some green shoots of improvement seen for Hollister.

Retail analyst Stacy Widlitz ran the numbers to find that Abercrombie's comparable sales on a three-year look are down 24%.

Shares of A&F trade at their highest level of the year.

Previously: Abercrombie & Fitch misses by $0.04, misses on revenue (March 2)