Abercrombie & Fitch (NYSE:ANF) Issues 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 (EPS) guidance of 13.100-13.600 for the period, compared to the consensus EPS estimate of 10.400. The company issued revenue guidance of $5.5 billion-$5.5 billion, compared to the consensus revenue estimate of $5.5 billion. Abercrombie & Fitch also updated its Q3 2026 guidance to 2.900-3.200 EPS.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. UBS Group increased their price target on Abercrombie & Fitch from $153.00 to $185.00 and gave the stock a “buy” rating in a research report on Thursday. Needham & Company LLC upped their target price on Abercrombie & Fitch from $108.00 to $165.00 and gave the stock a “buy” rating in a research note on Wednesday. Morgan Stanley upped their target price on Abercrombie & Fitch from $87.00 to $134.00 and gave the stock an “equal weight” rating in a research note on Thursday. The Goldman Sachs Group set a $160.00 target price on Abercrombie & Fitch in a report on Thursday. Finally, Weiss Ratings upgraded Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $153.45.

Abercrombie & Fitch Stock Performance

ANF opened at $146.85 on Friday. Abercrombie & Fitch has a fifty-two week low of $65.45 and a fifty-two week high of $154.58. The company has a fifty day moving average of $100.81 and a two-hundred day moving average of $91.95. The stock has a market capitalization of $6.52 billion, a price-to-earnings ratio of 12.57 and a beta of 0.90.

Abercrombie & Fitch (NYSE:ANF) last issued its quarterly earnings data on Wednesday, August 26th. The apparel retailer reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18. Abercrombie & Fitch had a net margin of 10.03% and a return on equity of 33.52%. The business had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter in the prior year, the firm posted $2.91 earnings per share. The company’s revenue was up 4.8% compared to the same quarter last year. Abercrombie & Fitch has set its Q3 2026 guidance at 2.900-3.200 EPS and its FY 2026 guidance at 13.100-13.600 EPS. On average, equities research analysts forecast that Abercrombie & Fitch will post 11.29 earnings per share for the current year.

Insider Buying and Selling at Abercrombie & Fitch

In related news, COO Scott D. Lipesky sold 10,000 shares of the company’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $115.00, for a total value of $1,150,000.00. Following the completion of the transaction, the chief operating officer owned 152,534 shares of the company’s stock, valued at approximately $17,541,410. This represents a 6.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 30,000 shares of company stock valued at $3,300,000. 2.33% of the stock is owned by insiders.

Trending Headlines about Abercrombie & Fitch

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

• Positive Sentiment: Results substantially exceeded expectations. Abercrombie reported second-quarter EPS of $4.17 versus the $1.99 consensus estimate, while revenue reached $1.27 billion, ahead of the $1.25 billion forecast and up 4.8% year over year. The quarter marked the company’s 15th consecutive period of net sales growth. Abercrombie & Fitch quarterly earnings report
• Positive Sentiment: Management raised its financial outlook. Full-year fiscal 2026 EPS guidance was set at $13.10-$13.60, well above the prior consensus estimate of $10.40. Third-quarter EPS guidance of $2.90-$3.20 also exceeds expectations, and the company raised its sales forecast on resilient apparel demand. Reuters outlook report
• Positive Sentiment: Buybacks and analyst support are adding momentum. Abercrombie plans at least $500 million in share repurchases, supported by a debt-free balance sheet and approximately $628 million in cash. BTIG, Telsey and Needham raised price targets to $175, $165 and $165, respectively, while Zacks upgraded ANF to a Buy rating. Earnings and buyback report
• Neutral Sentiment: Around $100 million of tariff refunds significantly boosted quarterly earnings, with another $20 million expected in the third quarter. Investors are weighing the benefit against the fact that the refunds are nonrecurring, while management says underlying brand performance also beat expectations. Forbes tariff refund report
• Negative Sentiment: Valuation and profit-taking are emerging risks. Citi said the post-earnings rally leaves ANF looking fully valued, and Morgan Stanley maintained an Equal Weight rating with a $134 target, below the current market level. The stock’s consolidation after its earnings surge suggests investors may require additional operating gains to justify further appreciation. Citi valuation report

Institutional Trading of Abercrombie & Fitch

A number of institutional investors and hedge funds have recently made changes to their positions in ANF. Mercer Global Advisors Inc. ADV increased its position in shares of Abercrombie & Fitch by 21.1% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 18,109 shares of the apparel retailer’s stock valued at $2,279,000 after buying an additional 3,158 shares in the last quarter. Caitlin John LLC purchased a new position in shares of Abercrombie & Fitch during the 4th quarter valued at approximately $542,000. Vident Advisory LLC lifted its position in shares of Abercrombie & Fitch by 8.9% during the 4th quarter. Vident Advisory LLC now owns 44,234 shares of the apparel retailer’s stock valued at $5,568,000 after buying an additional 3,623 shares in the last quarter. Delta Global Management LP acquired a new stake in Abercrombie & Fitch in the 4th quarter valued at $25,570,000. Finally, State of Tennessee Department of Treasury grew its stake in Abercrombie & Fitch by 7.9% in the 4th quarter. State of Tennessee Department of Treasury now owns 17,994 shares of the apparel retailer’s stock valued at $2,265,000 after acquiring an additional 1,315 shares during the period.

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.