Abercrombie & Fitch is exploding higher today following a blowout second-quarter earnings report released this morning. The company surpassed consensus EPS estimates by over $2 per share, bolstered by a $100 million tariff refund and a significant increase in full-year guidance. While some market observers noted the impact of the one-time refund, management emphasized that the results reflect 15 consecutive quarters of sales growth and strong brand execution. The stock is significantly outperforming its peers in the apparel retail sector, which are seeing only modest gains.