Abercrombie & Fitch Co. (ANF) shares jumped 14.83 percent to $88.60 on Wednesday, gaining $11.44 after the company reported higher first-quarter sales. Net sales rose to $1.10 billion from $1.02 billion a year ago, while net income declined to $81.7 million from $115.1 million.
ANF opened sharply higher at $103.88 and traded between $88.83 and $104.99 throughout the day on the New York Stock Exchange. The stock had previously closed at $77.15. Trading volume soared to 16.7 million shares, well above its average of 2.6 million. The 52-week range is $65.40 to $196.99.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.