Abercrombie & Fitch (NYSE:ANF) Issues FY 2026 Earnings Guidance
by Teresa Graham · The Cerbat GemAbercrombie & Fitch (NYSE:ANF – Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 10.200-11.000 for the period, compared to the consensus EPS estimate of 10.400. The company issued revenue guidance of $5.4 billion-$5.5 billion, compared to the consensus revenue estimate of $5.5 billion. Abercrombie & Fitch also updated its Q2 2026 guidance to 1.800-2.000 EPS.
Abercrombie & Fitch Trading Up 0.8%
Shares of Abercrombie & Fitch stock opened at $82.10 on Friday. The firm has a market capitalization of $3.67 billion, a PE ratio of 7.88 and a beta of 0.97. The business’s 50-day moving average price is $85.86 and its 200-day moving average price is $94.56. Abercrombie & Fitch has a 12 month low of $65.45 and a 12 month high of $133.11.
Abercrombie & Fitch (NYSE:ANF – Get Free Report) last announced its quarterly earnings data on Wednesday, May 27th. The apparel retailer reported $1.47 EPS for the quarter, beating the consensus estimate of $1.26 by $0.21. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.The company’s revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company 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. As a group, analysts predict that Abercrombie & Fitch will post 10.63 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
ANF has been the topic of several recent research reports. JPMorgan Chase & Co. increased their price objective on Abercrombie & Fitch from $107.00 to $110.00 and gave the company a “neutral” rating in a research report on Thursday. BTIG Research restated a “buy” rating and set a $120.00 target price on shares of Abercrombie & Fitch in a report on Wednesday. UBS Group dropped their target price on Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating for the company in a report on Thursday. Telsey Advisory Group dropped their target price on Abercrombie & Fitch from $125.00 to $115.00 and set an “outperform” rating for the company in a report on Thursday. Finally, Needham & Company LLC restated a “buy” rating and set a $108.00 target price on shares of Abercrombie & Fitch in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average price target of $112.64.
View Our Latest Stock Report on Abercrombie & Fitch
Abercrombie & Fitch News Roundup
Here are the key news stories impacting Abercrombie & Fitch this week:
- Positive Sentiment: ANF beat Q1 profit expectations and delivered record first-quarter sales, which helped fuel the stock’s rally. Strong performance in the Americas and APAC offset weakness tied to Middle East conflict in EMEA. Reuters article
- Positive Sentiment: JPMorgan raised its price target on Abercrombie & Fitch from $107 to $110, signaling continued confidence in the stock even while keeping a neutral rating. Benzinga article
- Positive Sentiment: Telsey Advisory Group lowered its target to $115 from $125, but still kept an outperform rating, suggesting analysts still see meaningful upside from current levels. Benzinga article
- Neutral Sentiment: Management reaffirmed its fiscal 2026 outlook, including 3% to 5% sales growth and EPS of $10.20 to $11.00, which supports the long-term story but did not raise guidance. GlobeNewswire article
- Negative Sentiment: The quarter was not flawless: comparable sales fell 1%, Hollister was flat, operating margin slipped to 8.0% from 9.3%, and management flagged softer EMEA demand and tariff headwinds. These details may temper enthusiasm after the earnings beat. GlobeNewswire article
Institutional Investors Weigh In On Abercrombie & Fitch
Several institutional investors and hedge funds have recently bought and sold shares of ANF. Wellington Management Group LLP lifted 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. AQR Capital Management LLC lifted its holdings 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 worth $315,209,000 after buying an additional 898,884 shares during the period. Boston Partners lifted its holdings in Abercrombie & Fitch by 102.5% in the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock worth $92,940,000 after buying an additional 553,889 shares during the period. Bank of America Corp DE lifted its holdings in Abercrombie & Fitch by 220.2% in the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer’s stock worth $50,228,000 after buying an additional 416,924 shares during the period. Finally, Delta Global Management LP purchased a new stake in Abercrombie & Fitch in the 4th quarter worth approximately $25,570,000.
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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