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Abercrombie shares jump 13% on earnings beat even as Iran conflict hits sales
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- Abercrombie & Fitch posted mixed first-quarter results on Wednesday and weaker-than-expected guidance after the conflict in the Middle East "directly impacted" sales, the company said.
- Despite those challenges, shares jumped about 13% in morning trading as the company easily topped Wall Street's earnings estimates.
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Abercrombie & Fitch posted mixed first-quarter results on Wednesday and weaker-than-expected guidance after the conflict in the Middle East "directly impacted" sales, the company said.
Despite those challenges, shares jumped about 13% in morning trading as the company easily topped Wall Street's earnings estimates.
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