Abercrombie & Fitch (NYSE:ANF) Issues Q2 2026 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) issued an update on its second quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.800-2.000 for the period, compared to the consensus EPS estimate of 2.480. The company issued revenue guidance of $1.2 billion-$1.3 billion, compared to the consensus revenue estimate of $1.3 billion. Abercrombie & Fitch also updated its FY 2026 guidance to 10.200-11.000 EPS.

Abercrombie & Fitch Trading Up 9.2%

Shares of ANF opened at $81.65 on Thursday. The company has a market capitalization of $3.65 billion, a PE ratio of 7.75 and a beta of 0.97. Abercrombie & Fitch has a 12 month low of $65.45 and a 12 month high of $133.11. The stock’s 50-day moving average price is $85.94 and its two-hundred day moving average price is $94.49.

Abercrombie & Fitch (NYSE:ANF) last announced its earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, topping the consensus estimate of $1.26 by $0.21. The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.12 billion. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.59 EPS. 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. Equities research analysts predict that Abercrombie & Fitch will post 10.63 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research note on Thursday, May 21st. Barclays dropped their price objective on 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. Wall Street Zen downgraded Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Jefferies Financial Group dropped their price objective on 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, UBS Group dropped their price objective on Abercrombie & Fitch from $160.00 to $149.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Eight equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.00.

Abercrombie & Fitch News Summary

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 Trading of Abercrombie & Fitch

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in Abercrombie & Fitch by 56.0% in the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock valued at $315,209,000 after buying an additional 898,884 shares in the last quarter. Wellington Management Group LLP increased its holdings in 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 worth $102,148,000 after purchasing an additional 1,173,601 shares in the last quarter. Boston Partners increased its holdings in Abercrombie & Fitch by 102.5% during the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock worth $92,940,000 after purchasing an additional 553,889 shares in the last quarter. Bank of America Corp DE increased 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 worth $81,005,000 after purchasing an additional 340,623 shares in the last quarter. Finally, Invesco Ltd. increased 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 worth $71,426,000 after purchasing an additional 24,124 shares in the last quarter.

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.