Abercrombie & Fitch (NYSE:ANF) Posts Quarterly Earnings Results, Beats Estimates By $2.18 EPS

Abercrombie & Fitch (NYSE:ANF) issued its quarterly earnings data on Wednesday. The apparel retailer reported $4.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $2.18, RTT News reports. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. During the same quarter last year, the business earned $2.91 EPS. Abercrombie & Fitch updated its Q3 2026 guidance to 2.900-3.200 EPS and its FY 2026 guidance to 13.100-13.600 EPS.

Abercrombie & Fitch Trading Down 3.3%

Shares of ANF opened at $108.69 on Wednesday. The stock has a 50 day moving average of $98.35 and a 200 day moving average of $91.25. Abercrombie & Fitch has a 12 month low of $65.45 and a 12 month high of $133.11. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of 10.43 and a beta of 0.90.

Insiders Place Their Bets

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the firm’s stock in a transaction on 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 sale, the chief operating officer directly owned 152,534 shares of the company’s stock, valued at $17,541,410. This trade represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 30,000 shares of company stock valued at $3,300,000 in the last 90 days. 2.33% of the stock is owned by insiders.

Hedge Funds Weigh In On Abercrombie & Fitch

A number of large investors have recently made changes to their positions in the stock. NewEdge Advisors LLC grew its stake in Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock worth $29,000 after buying an additional 227 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of Abercrombie & Fitch by 322.0% during 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 last quarter. Caitong International Asset Management Co. Ltd bought a new position in Abercrombie & Fitch during the 4th quarter valued at approximately $44,000. EverSource Wealth Advisors LLC raised its holdings in shares of Abercrombie & Fitch by 392.4% during 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 in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Abercrombie & Fitch by 521.1% in the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer’s stock worth $76,000 after purchasing an additional 839 shares during the period.

Abercrombie & Fitch News Roundup

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

• Positive Sentiment: Major earnings beat: Abercrombie reported fiscal Q2 EPS of $4.17, well above the $1.99 analyst consensus and up from $2.91 a year earlier. Revenue reached $1.27 billion, also exceeding expectations of $1.25 billion. The company posted a 9.34% net margin and 34.36% return on equity. Abercrombie & Fitch Second-Quarter Results
• Positive Sentiment: Raised full-year outlook: ANF now expects fiscal 2026 EPS of $13.10–$13.60, above the $10.40 consensus estimate. Full-year revenue guidance is approximately $5.5 billion, in line with expectations, suggesting the primary upgrade is coming from stronger profitability. Abercrombie Raises Full-Year Sales Forecast
• Positive Sentiment: Q3 guidance topped estimates: Management forecast third-quarter EPS of $2.90–$3.20 versus the $2.80 consensus and revenue of about $1.4 billion versus expectations of $1.3 billion. The guidance indicates continued momentum into the important fall and holiday selling periods.
• Neutral Sentiment: Technical backdrop remains constructive: ANF recently moved above its 20-day moving average, while its 50-day and 200-day averages are about $98.35 and $91.25, respectively. However, shares remain below the one-year high of $133.11, leaving room for recovery but also reflecting prior volatility. Abercrombie Technical Breakout
• Negative Sentiment: International weakness is a risk: Reuters reported that demand remained resilient overall despite softness in international markets. Continued weakness abroad could limit sales growth or pressure margins if it persists.

Analyst Ratings Changes

Several equities analysts have issued reports on ANF shares. Raymond James Financial restated a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. JPMorgan Chase & Co. lifted their price target on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the stock a “neutral” rating in a report on Tuesday, August 18th. BTIG Research reissued a “buy” rating and issued a $120.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Morgan Stanley restated an “equal weight” rating and issued a $87.00 price objective on shares of Abercrombie & Fitch in a report on Monday, July 6th. Finally, Jefferies Financial Group raised their target price on Abercrombie & Fitch from $110.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $119.27.

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.