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Stock Watch: Abercrombie Slides On Earnings

wochit business
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November 21, 2013 AT 6:38 AM
Abercrombie and Fitch beat estimates by posting adjusted profits of 52-cents a share while experts were estimating 45-cents for the retailer. However, the unadjusted number was actually a loss of 20-cents a share. Abercrombie stock has seen a drop of over 26-percent since the beginning of the year.