Abercrombie & Fitch (NYSE:ANF) Releases FY 2026 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 10.200-11.000 for the period, compared to the consensus earnings per share estimate of 10.400. The company issued revenue guidance of $5.4 billion-$5.5 billion, compared to the consensus revenue estimate of $5.5 billion. Abercrombie & Fitch also updated its Q2 2026 guidance to 1.800-2.000 EPS.

Abercrombie & Fitch Stock Up 9.2%

Abercrombie & Fitch stock opened at $81.65 on Thursday. The company has a market cap of $3.65 billion, a price-to-earnings ratio of 7.75 and a beta of 0.97. The firm’s fifty day moving average is $85.94 and its 200 day moving average is $94.49. Abercrombie & Fitch has a 52-week low of $65.45 and a 52-week high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. Abercrombie & Fitch’s revenue was up 1.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.59 earnings per share. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS. On average, equities research analysts anticipate that Abercrombie & Fitch will post 10.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ANF has been the topic of a number of recent research reports. Barclays decreased their price target on shares of Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 5th. Needham & Company LLC reaffirmed a “buy” rating and set a $108.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday. Raymond James Financial set a $92.00 price target on shares of Abercrombie & Fitch in a research note on Thursday, May 21st. Jefferies Financial Group decreased their price target on shares of Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. Finally, BTIG Research reaffirmed a “buy” rating and set a $120.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Abercrombie & Fitch has an average rating of “Moderate Buy” and a consensus price target of $116.00.

Abercrombie & Fitch News Roundup

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: ANF beat Q1 profit estimates and posted record quarterly sales, reinforcing that demand remains resilient. Abercrombie & Fitch Co. Reports First Quarter Fiscal 2026 Results
• Positive Sentiment: The company continued buying back stock, repurchasing $105 million in shares in the quarter, which can support EPS and signal management confidence. Quiver AI Summary
• Positive Sentiment: Analysts reiterated bullish views after the report, including Buy ratings and targets above the current share price, adding to sentiment. Analyst rating reports
• Neutral Sentiment: Management kept full-year sales guidance at 3% to 5%, but Q2 EPS guidance of $1.80 to $2.00 was below market expectations, tempering enthusiasm. Guidance details
• Negative Sentiment: Comparable sales fell 1%, operating margin slipped to 8.0% from 9.3%, and Hollister sales were flat, indicating some pressure beneath the topline beat. Reuters earnings coverage
• Negative Sentiment: EMEA sales dropped 10% as the Middle East conflict weighed on demand, showing a regional headwind investors are watching closely. CNBC earnings coverage

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently made changes to their positions in ANF. NewEdge Advisors LLC raised its stake in shares of Abercrombie & Fitch by 181.6% in the second quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after acquiring an additional 227 shares during the period. Transamerica Financial Advisors LLC raised its stake in shares of Abercrombie & Fitch by 322.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 190 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Abercrombie & Fitch in the fourth quarter valued at $44,000. EverSource Wealth Advisors LLC raised its stake in shares of Abercrombie & Fitch by 392.4% in the second quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock valued at $59,000 after acquiring an additional 569 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of Abercrombie & Fitch by 521.1% in the first quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock valued at $76,000 after acquiring an additional 839 shares during the period.

Abercrombie & Fitch Company Profile

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.