Abercrombie & Fitch (NYSE:ANF – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 13.100-13.600 for the period, compared to the consensus 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
ANF has been the subject of several analyst reports. Weiss Ratings upgraded shares of Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Telsey Advisory Group increased their price target on shares of Abercrombie & Fitch from $115.00 to $118.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 19th. JPMorgan Chase & Co. lifted their price objective on shares of Abercrombie & Fitch from $110.00 to $126.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Needham & Company LLC restated a “buy” rating and set a $108.00 price objective on shares of Abercrombie & Fitch in a research report on Wednesday, May 27th. Finally, Barclays upgraded Abercrombie & Fitch from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $78.00 to $114.00 in a research note on Tuesday, August 11th. Seven equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $119.27.
Read Our Latest Research Report on ANF
Abercrombie & Fitch Stock Performance
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The company had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the prior year, the company earned $1.59 EPS. Abercrombie & Fitch’s revenue was up 1.5% compared to the same quarter last year. As a group, sell-side analysts predict that Abercrombie & Fitch will post 10.65 earnings per share for the current fiscal year.
Insider Transactions at Abercrombie & Fitch
In other Abercrombie & Fitch 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 $17,541,410. This represents a 6.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over 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 corporate insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares during the last quarter. Transamerica Financial Advisors LLC grew its holdings in Abercrombie & Fitch by 322.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after acquiring an additional 190 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Abercrombie & Fitch during the 4th quarter worth approximately $44,000. EverSource Wealth Advisors LLC increased its position in Abercrombie & Fitch by 392.4% in the 2nd 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 increased its position in Abercrombie & Fitch by 521.1% in the 1st 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.
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.
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