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Tag: retail earnings

Abercrombie’s Cost Cuts Mask Some Troubling Numbers

The teen retailer’s stock jumps after exceeding analysts’ low expectations for the fourth quarter, but its stores are still struggling mightily in the U.S. and Europe. View this image › scontent-b.xx.fbcdn.net On the surface, Abercrombie & Fitch seems to have aced earnings today — cost cuts helped it crush analysts’ expectations for adjusted profit in…