Abercrombie & Fitch (NYSE:ANF) Updates Q3 2026 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 2.900-3.200 for the period, compared to the consensus estimate of 2.800. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Abercrombie & Fitch also updated its FY 2026 guidance to 13.100-13.600 EPS.

Abercrombie & Fitch Price Performance

Shares of NYSE:ANF opened at $146.85 on Friday. Abercrombie & Fitch has a 1-year low of $65.45 and a 1-year high of $154.58. The company has a market capitalization of $6.52 billion, a P/E ratio of 12.57 and a beta of 0.90. The firm’s 50 day simple moving average is $100.81 and its two-hundred day simple moving average is $91.95.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings results 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. 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 10.03% and a return on equity of 33.52%. The company’s revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.91 earnings per share. 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, sell-side analysts anticipate that Abercrombie & Fitch will post 11.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ANF shares. Weiss Ratings upgraded Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, August 14th. Needham & Company LLC boosted their price objective on Abercrombie & Fitch from $108.00 to $165.00 and gave the company a “buy” rating in a research report on Wednesday. Barclays upped their price objective on Abercrombie & Fitch from $114.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday. Telsey Advisory Group increased their target price on Abercrombie & Fitch from $118.00 to $165.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Raymond James Financial reissued a “market perform” rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. Six investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Abercrombie & Fitch currently has an average rating of “Hold” and a consensus price target of $153.45.

Insider Buying and Selling

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $115.00, for a total transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders have sold 30,000 shares of company stock valued at $3,300,000. 2.33% of the stock is owned by insiders.

Key Stories Impacting 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 large investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV grew its holdings 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 purchasing an additional 3,158 shares in the last quarter. Caitlin John LLC purchased a new position in Abercrombie & Fitch in the fourth quarter worth about $542,000. Vident Advisory LLC raised its position in Abercrombie & Fitch by 8.9% during the fourth quarter. Vident Advisory LLC now owns 44,234 shares of the apparel retailer’s stock valued at $5,568,000 after purchasing an additional 3,623 shares during the period. Delta Global Management LP bought a new stake in shares of Abercrombie & Fitch in the 4th quarter valued at approximately $25,570,000. Finally, State of Tennessee Department of Treasury boosted its holdings in shares of 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 worth $2,265,000 after purchasing an additional 1,315 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.