Abercrombie & Fitch (NYSE:ANF) Releases FY 2026 Earnings Guidance

Key Points

• Abercrombie & Fitch issued FY 2026 EPS guidance of $13.10–$13.60, well above the $10.40 analyst consensus. Revenue is projected at approximately $5.5 billion, in line with estimates, while Q3 EPS guidance was set at $2.90–$3.20.
• Shares fell 3.3% to open at $108.69, despite the company’s latest quarterly results exceeding EPS expectations with $1.47 versus the $1.26 consensus.
• Analyst sentiment remains positive overall, with a “Moderate Buy” consensus and an average price target of $119.27; however, insiders have sold 30,000 shares worth approximately $3.3 million over the past 90 days.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided 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.

Abercrombie & Fitch Trading Down 3.3%

Shares of ANF opened at $108.69 on Wednesday. The stock has a market capitalization of $4.83 billion, a price-to-earnings ratio of 10.43 and a beta of 0.90. Abercrombie & Fitch has a 12 month low of $65.45 and a 12 month high of $133.11. The firm has a fifty day simple moving average of $98.35 and a 200 day simple moving average of $91.25.

Abercrombie & Fitch (NYSE:ANF - Get Free Report) last issued its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.21. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the business earned $1.59 EPS. The company's revenue was up 1.5% compared to the same quarter last year. As a group, research analysts predict that Abercrombie & Fitch will post 10.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on ANF. Jefferies Financial Group increased their price target on shares of Abercrombie & Fitch from $110.00 to $135.00 and gave the company a "buy" rating in a research note on Wednesday, August 12th. Raymond James Financial reiterated a "market perform" rating on shares of Abercrombie & Fitch in a research note on Tuesday, August 18th. UBS Group reiterated a "buy" rating and set a $153.00 price target (up from $136.00) on shares of Abercrombie & Fitch in a report on Wednesday, August 12th. JPMorgan Chase & Co. upped their price objective on Abercrombie & Fitch from $110.00 to $126.00 and gave the company a "neutral" rating in a research note on Tuesday, August 18th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $108.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Abercrombie & Fitch currently has an average rating of "Moderate Buy" and an average target price of $119.27.

Insider Transactions at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the stock in a transaction that occurred on 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 transaction, the chief operating officer owned 152,534 shares in the company, valued at $17,541,410. This represents a 6.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 30,000 shares of company stock valued at $3,300,000. Insiders own 2.33% of the company's stock.

Institutional Investors Weigh In On Abercrombie & Fitch

Several institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its stake in Abercrombie & Fitch by 181.6% during the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer's stock worth $29,000 after acquiring an additional 227 shares during the period. Transamerica Financial Advisors LLC lifted its position in shares of 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 period. Caitong International Asset Management Co. Ltd bought a new stake in shares of Abercrombie & Fitch during the 4th quarter valued at $44,000. EverSource Wealth Advisors LLC grew its holdings in shares of Abercrombie & Fitch by 392.4% during the 2nd 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. Finally, Jones Financial Companies Lllp grew its holdings in shares of Abercrombie & Fitch by 521.1% during the 1st quarter. Jones Financial Companies Lllp now owns 1,000 shares of the apparel retailer's stock worth $76,000 after purchasing an additional 839 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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