Retail Earnings Slump: Sears, Abercrombie & Fitch Tumble While Foot Locker Surprises - Presented by: The Aol. On Network

Abercrombie & Fitch Co. (NYSE: ANF) plunged as much as 12 percent in pre-market trading Friday after the retailer cut its annual profit forecast. Shares of Abercrombie saw its biggest intraday decline since August 2012 Friday after analysts initially forecast disappointing results for retailer as the company still remains under fire for its CEO Mike Jeffries’ controversial comments that came to light earlier this month from a 2006 interview. The company said it lost $7.2 million, or 9 cents a



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