Abercrombie & Fitch Co. (ANF) reported second quarter adjusted net income per share of $0.23, compared to net loss per share of $0.48, last year. On average, 13 analysts polled by Thomson Reuters expected the company to report a loss per share of $0.83, for the quarter. Analysts' estimates typically exclude special items. The company's gross profit rate improved 140 basis points to 60.7% on lower promotional and clearance activity.
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