Abercrombie & Fitch (NYSE:ANF) Releases Q1 2026 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.200-1.300 for the period, compared to the consensus estimate of 1.410. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.2 billion. Abercrombie & Fitch also updated its FY 2026 guidance to 10.200-11.000 EPS.

Abercrombie & Fitch Trading Down 3.5%

NYSE ANF opened at $95.75 on Thursday. The company has a market cap of $4.39 billion, a P/E ratio of 9.18 and a beta of 1.17. The company has a fifty day simple moving average of $104.70 and a 200 day simple moving average of $93.39. Abercrombie & Fitch has a 12-month low of $65.40 and a 12-month high of $133.11.

Abercrombie & Fitch (NYSE:ANF) last released its quarterly earnings data on Wednesday, March 4th. The apparel retailer reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.56 by $0.12. The firm had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Abercrombie & Fitch had a net margin of 10.07% and a return on equity of 38.01%. The business’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.57 earnings per share. Abercrombie & Fitch has set its Q1 2026 guidance at 1.200-1.300 EPS and its FY 2026 guidance at 10.200-11.000 EPS. Sell-side analysts predict that Abercrombie & Fitch will post 10.62 EPS for the current year.

Analyst Upgrades and Downgrades

ANF has been the subject of a number of recent research reports. Telsey Advisory Group reissued an “outperform” rating and set a $125.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday. Citigroup raised Abercrombie & Fitch from a “neutral” rating to a “buy” rating and lifted their target price for the company from $90.00 to $135.00 in a research report on Wednesday, January 21st. Barclays increased their price target on Abercrombie & Fitch from $94.00 to $115.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. BTIG Research restated a “buy” rating and set a $120.00 price objective on shares of Abercrombie & Fitch in a research note on Thursday. Finally, The Goldman Sachs Group initiated coverage on shares of Abercrombie & Fitch in a report on Thursday, December 11th. They set a “buy” rating and a $120.00 price objective on the stock. Seven analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $119.60.

Insiders Place Their Bets

In related news, CEO Fran Horowitz sold 103,200 shares of the stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $98.53, for a total transaction of $10,168,296.00. Following the completion of the transaction, the chief executive officer owned 605,303 shares in the company, valued at approximately $59,640,504.59. This represents a 14.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 350,000 shares of company stock worth $34,661,358 in the last three months. 2.29% of the stock is currently owned by corporate insiders.

Key Stories Impacting Abercrombie & Fitch

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

• Positive Sentiment: Q4 results beat expectations — ANF reported $3.68 EPS (vs. $3.56 consensus) and record Q4 net sales of $1.67B, marking the 13th consecutive quarter of growth; Hollister continued to drive outperformance. GlobeNewswire Release
• Positive Sentiment: Capital return and balance sheet support — ANF repurchased $450M in FY2025 (≈11% of shares), has ~$760M cash and $850M remaining on its buyback authorization, which supports EPS and shareholder value over time. Seeking Alpha Buy Thesis
• Neutral Sentiment: FY2026 guidance mixed — company gave FY EPS guide of $10.20–$11.00 (around/above consensus) and revenue growth of 3–5%, but Q1 EPS guide was light at $1.20–$1.30 vs. street expectations — implications depend on how tariffs and mitigations play out. ANF Press Materials
• Neutral Sentiment: Analyst coverage remains constructive — Jefferies trimmed its price target to $130 but kept a Buy, and Telsey reaffirmed Outperform with a $125 target; analysts still see upside but are digesting the new guidance. Benzinga Analyst Notes
• Negative Sentiment: Tariff headwinds and margin pressure — management quantified a material tariff impact (assumes a 15% tariff on imports) that could shave ~290 bps of sales in Q1 and ~70 bps for the full year after mitigation, pressuring first-quarter margins (~7% guidance). MSN Tariff Headwinds
• Negative Sentiment: Market reaction focused on near-term softness — despite the beat, the cautious Q1 outlook and tariff uncertainty prompted an intraday sell-off as traders repriced growth/margin expectations. ProactiveInvestors Coverage

Hedge Funds Weigh In On Abercrombie & Fitch

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its stake in shares of Abercrombie & Fitch by 56.0% in 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. Wellington Management Group LLP boosted its holdings in Abercrombie & Fitch by 5,749.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock worth $102,148,000 after buying an additional 1,173,601 shares during the period. Boston Partners grew its stake in Abercrombie & Fitch by 102.5% in the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock valued at $92,940,000 after buying an additional 553,889 shares in the last quarter. Bank of America Corp DE raised its holdings in Abercrombie & Fitch by 56.2% during the 3rd quarter. Bank of America Corp DE now owns 946,877 shares of the apparel retailer’s stock valued at $81,005,000 after acquiring an additional 340,623 shares during the period. Finally, Invesco Ltd. raised its holdings in Abercrombie & Fitch by 3.0% during the 3rd quarter. Invesco Ltd. now owns 834,909 shares of the apparel retailer’s stock valued at $71,426,000 after acquiring an additional 24,124 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.