Abercrombie Nearly Doubles Earnings in Q4

Abercrombie & Fitch Co.'s fiscal fourth-quarter net income nearly doubled on strong sales overseas and better U.S. results. The retailer reported net income of $92.6 million, up from $47.5 million a year ago. Revenue for the period ended Jan. 29 rose 23 percent to $1.15 billion, from $936 million.