Abercrombie & Fitch pares YTD gains after Q2 results
** Shares of Abercrombie & Fitch ANF.N down about 6% at $156.50 premarket
** YTD, ANF's shares are up nearly 89% as of last close; they had risen 285% last year
** Company lifts annual net sales forecast after topping expectations for quarterly sales and profit on robust demand for its logo-less t-shirts and wide-legged jeans
** Says it saw better-than-expected summer and back-to-school selling in the United States
** "Although we continue to operate in an increasingly uncertain environment, we remain steadfast in executing our global playbook and maintaining discipline over inventory and expenses" - CEO Fran Horowitz
** ANF expects annual net sales to rise 12% to 13% versus earlier target of 10% growth. Analysts estimated a 12% rise - LSEG data
** Comparable sales rose 18% in the reported quarter, versus estimates of 15.05%
Reporting by Juveria Tabassum in Bengaluru
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