Abercrombie & Fitch Co. updated its outlook for the fourth quarter of fiscal 2017. For the fourth quarter of fiscal 2017, the company now expects: comparable sales to be up high-single digits, compared to the previous outlook of up low-single digits. Net sales to be up low-teens, compared to the previous outlook of up mid- to high-single digits, including benefits from the 53 week and changes in foreign currency exchange rates. A gross profit rate in line with the previous outlook of down approximately 100 basis points from last year's rate of 59.3%. Operating expense, including other operating income, to be up slightly from $553.7 million last year, compared to the previous outlook of down approximately 1%, primarily due to volume-related expense on higher than anticipated net sales.