UPDATE: Abercrombie & Fitch Reports 64% Surge In Q2 Profit

Abercrombie & Fitch Co ANF reported a 64% surge in its fiscal second-quarter profit. Abercrombie & Fitch's quarterly profit jumped to $32 million, or $0.35 per share, from $19.5 million, or $0.22 per share, in the year-ago period. Its sales climbed 23% to $916.8 million. However, analysts were expecting earnings of $0.29 per share on revenue of $882.62 million. Abercrombie & Fitch's total comparable store sales surged 9%. ANF shares dropped 0.03% to $71.00 in pre-market trading.