Abercrombie slumps; Europe leads to sales miss
By Andria Cheng May 16, 2012, 9:53 a.m. EST
NEW YORK (MarketWatch) -- Teen retailer Abercrombie & Fitch Co. shares slumped 13% after its first-quarter profit and sales missed analysts' estimates. Profit declined to $3 million, or 3 cents a share, from $25.1 million, or 28 cents a share. Sales rose 10% to $921.2...
