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Abercrombie earnings rise

May 17, 2008|From Times Wire Services

Teen retailer Abercrombie & Fitch Co. said its first-quarter profit rose 3% from a year earlier on stronger sales.

New Albany, Ohio-based Abercrombie & Fitch said it earned $62.1 million, or 69 cents a share, compared with $60.1 million, or 65 cents, a year earlier. Sales increased 8% to $800.1 million.

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