Abercrombie & Fitch (ANF) shares surged 37% in intraday trading on Wednesday after the company reported earnings per share of $4.17, significantly exceeding the expected $1.99, and received a $100 million tariff refund. The company also raised its full-year earnings per share outlook from $10.20-$11.00 to $13.10-$13.60. Despite this, the company's overall comparable sales were flat, and comparable sales for the Hollister brand decreased by 3%, indicating ongoing challenges with foot traffic.