Abercrombie & Fitch Co. (NYSE:ANF) saw a 37.54% jump in stock price to $90.24 on Tuesday after announcing higher revenue growth guidance for the third quarter, expecting 6-7% full-year sales growth, and maintaining an operating margin and EPS outlook.

In the upcoming holiday season, Abercrombie anticipates a 4-6% increase in fourth-quarter net sales, a 14% growth in operating margin, and an EPS of $3.40 to $3.70 per share. CEO Fran Horowitz expressed confidence in delivering exceptional customer experiences.

Last quarter, ANF reported a 14% drop in net income to $113 million but a 7% increase in net sales to $1.29 billion. The growth was driven by higher sales in the Americas and Europe, the Middle East, and Africa regions.

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Read more at Yahoo Finance: Abercrombie (ANF) Jumps 37% on Upbeat Revenue Outlook