Abercrombie & Fitch Co. (ANF) announced, for fiscal 2018, the company expects: net sales to be up in the range of 2% to 4%, including the adverse effect from the loss of fiscal 2017's 53rd week of approximately $40 million, partially offset by a benefit from foreign currency exchange rates of approximately $10 million. Comparable sales are to be up in the range of 2% to 4%. The company projects gross profit rate to be up slightly from the fiscal 2017 rate of 59.7%.
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