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Abercrombie & Fitch Co. (ANF) Rose To A New High On Strong Q4 Earnings

Abercrombie & Fitch Co. (ANF) reported fourth quarter adjusted EPS of $1.38 Wednesday morning, up from $0.75 in the prior year period. Analysts expected EPS of $1.10.

Abercrombie & Fitch gapped up at the open Wednesday and climbed until mid-morning. Shares of the retailer finished with a gain of 2.54 at $23.89 with volume at a 3 1/2 month high. The stock broke out of a month and a half long trading range and set a new high for the year.

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