Abercrombie & Fitch (NYSE:ANF) Posts Quarterly Earnings Results, Beats Estimates By $2.18 EPS
by Tristan Rich · The Markets DailyAbercrombie & Fitch (NYSE:ANF – Get Free Report) issued its earnings results on Wednesday. The apparel retailer reported $4.17 earnings per share for the quarter, topping the consensus estimate of $1.99 by $2.18, RTT News reports. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.25 billion. Abercrombie & Fitch had a return on equity of 34.36% and a net margin of 9.34%.During the same period last year, the company posted $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 Stock Down 3.3%
Shares of NYSE ANF opened at $108.69 on Wednesday. Abercrombie & Fitch has a fifty-two week low of $65.45 and a fifty-two week high of $133.11. The business has a 50 day moving average price of $98.35 and a two-hundred day moving average price of $91.25. The firm has a market cap of $4.83 billion, a PE ratio of 10.43 and a beta of 0.90.
Analyst Ratings Changes
ANF has been the subject of a number of research reports. Jefferies Financial Group upped their price target on shares of Abercrombie & Fitch from $110.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of Abercrombie & Fitch in a research report on Tuesday, August 18th. UBS Group reiterated a “buy” rating and set a $153.00 target price (up from $136.00) on shares of Abercrombie & Fitch in a report on Wednesday, August 12th. Weiss Ratings raised Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a research report on Friday, August 14th. Finally, Needham & Company LLC restated a “buy” rating and issued a $108.00 price target on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $119.27.
Check Out Our Latest Report on Abercrombie & Fitch
Insider Activity
In other news, COO Scott D. Lipesky sold 10,000 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was 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 directly owned 152,534 shares in the company, valued at approximately $17,541,410. This represents a 6.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Over the last quarter, insiders sold 30,000 shares of company stock valued at $3,300,000. Corporate insiders own 2.33% of the company’s stock.
Institutional Trading of Abercrombie & Fitch
Several institutional investors have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC boosted its stake in Abercrombie & Fitch by 322.0% during the 4th 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 stake in shares of Abercrombie & Fitch in the 4th quarter worth about $44,000. NewEdge Advisors LLC raised its stake in shares of 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 purchasing an additional 227 shares in the last quarter. Hollencrest Capital Management bought a new position in shares of Abercrombie & Fitch during the fourth quarter worth about $88,000. Finally, EverSource Wealth Advisors LLC grew its stake in Abercrombie & Fitch by 392.4% in the second quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock worth $59,000 after purchasing an additional 569 shares in the last quarter.
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.
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