Abercrombie & Fitch profits surge as stores reopen, web sales leap

Abercrombie & Fitch reported a bigger-than-expected 61 percent jump in first-quarter sales on Wednesday, as the apparel retailer benefited from shoppers returning to its stores and using its beefed-up online business. Shares of the Hollister and Gilly Hicks owner rose 11 percent as it also posted a surprise quarterly profit and predicted second-quarter net sales to…