Abercrombie & Fitch same-store sales fall 15 percent

Fri May 24, 2013 7:14am EDT

May 24 (Reuters) - Abercrombie & Fitch Co on Friday said quarterly comparable sales fell 15 percent, which the company blamed in part on inventory shortages.

For the first quarter ended May 4, the teen clothing retailer said its loss narrowed to $7.2 million, or 9 cents per share, from $21.3 million, or 25 cents per share, a year earlier.