Abercrombie Rallies as Strong Q1 Earnings Extend Winning Streak
Abercrombie & Fitch Co. NYSE: ANF surged Wednesday after the retailer delivered another quarter of better-than-expected earnings and extended its streak of sales growth to 14 consecutive quarters. Shares of the apparel and accessories retailer, whose core brands include Abercrombie and Hollister, jumped about 12% following the report, helping revive momentum in a stock that…