Abercrombie & Fitch (NYSE:ANF) Announces Quarterly Earnings Results

Abercrombie & Fitch (NYSE:ANF) issued its quarterly earnings results on Wednesday. The apparel retailer reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.56 by $0.12, FiscalAI reports. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.67 billion. During the same quarter in the prior year, the company posted $3.57 EPS. The business’s revenue for the quarter was up 5.4% compared to the same quarter last year. Abercrombie & Fitch updated its Q1 2026 guidance to 1.200-1.300 EPS and its FY 2026 guidance to 10.200-11.000 EPS.

Here are the key takeaways from Abercrombie & Fitch’s conference call:

• The company reported a record fiscal 2025 with net sales of $5.27 billion, strong double-digit operating margins, company‑reported EPS of $10.46, and $619 million in operating cash flow that funded $450 million of share repurchases (about 11% of shares).
• Brand and channel momentum is broad—Hollister delivered another year of strength (about 15% growth and 11 consecutive quarters of sales growth), digital accounted for 44% of company sales, and the company was a net store opener for the fourth straight year.
• 2026 guidance calls for net sales growth of 3%–5%, operating margin of 12%–12.5%, EPS of $10.20–$11.00, continued ~$450M share‑repurchase target, and investments in stores, digital, new categories (kids/baby), a new merchandising ERP and AI to drive speed and efficiency.
• Management expects meaningful tariff pressure in 2026, assuming the announced 15% tariffs remain in effect, with an incremental tariff cost of roughly $40 million (about 70 bps of margin) and no tariff refunds assumed.
• Execution risk from the new ERP go‑live this month—management expects a ~two‑week operational disruption that will limit receipts, create a ~1–2 point Q1 sales headwind and impose over 100 bps of unfavorable operating margin impact in Q1 (plus implementation costs).

Abercrombie & Fitch Trading Down 7.7%

Shares of ANF stock opened at $88.28 on Friday. The company’s fifty day simple moving average is $103.93 and its 200-day simple moving average is $93.36. Abercrombie & Fitch has a 52 week low of $65.40 and a 52 week high of $133.11. The company has a market cap of $4.05 billion, a PE ratio of 8.38 and a beta of 1.17.

Insiders Place Their Bets

In related news, CEO Fran Horowitz sold 29,769 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $100.00, for a total value of $2,976,900.00. Following the completion of the sale, the chief executive officer directly owned 308,503 shares in the company, valued at approximately $30,850,300. This represents a 8.80% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 350,000 shares of company stock worth $34,661,358. 2.29% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Abercrombie & Fitch

Several institutional investors and hedge funds have recently modified their holdings of the stock. Wellington Management Group LLP raised its holdings in shares of Abercrombie & Fitch by 5,749.6% during the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock valued at $102,148,000 after buying an additional 1,173,601 shares during the period. AQR Capital Management LLC lifted its position in shares of Abercrombie & Fitch by 56.0% during the fourth quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after purchasing an additional 898,884 shares in the last quarter. Boston Partners boosted its stake in shares of Abercrombie & Fitch by 102.5% in the third quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after purchasing an additional 553,889 shares during the period. Bank of America Corp DE increased its stake in Abercrombie & Fitch by 220.2% during the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer’s stock worth $50,228,000 after buying an additional 416,924 shares during the period. Finally, Delta Global Management LP acquired a new position in Abercrombie & Fitch in the 4th quarter worth $25,570,000.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Barclays reiterated a “negative” rating and set a $95.00 target price on shares of Abercrombie & Fitch in a research report on Thursday. Telsey Advisory Group reiterated an “outperform” rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday. Wall Street Zen upgraded shares of Abercrombie & Fitch from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a research report on Thursday, December 11th. They set a “buy” rating and a $120.00 price target for the company. Finally, UBS Group decreased their price target on shares of Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a report on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $118.80.

About Abercrombie & Fitch

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.