Abercrombie & Fitch Posts Strong Q4 Results, Guidance

Key TakeawaysAbercrombie & Fitch beat fourth-quarter earnings and revenue estimates, and gave strong first-quarter guidance on sales at its namesake brands and higher prices.The retailer said it expected net sales to be "low double-digits" higher in its current fiscal quarter.Abercrombie & Fitch shares lost ground after hitting an all-time high Tuesday, although they remain up about 30% in the past month. Abercrombie & Fitch Co. (ANF) on Wednesday posted holiday-quarter results and guidance that beat analys ...