Abercrombie & Fitch

ANF

Market cap $3.68B

ANF posts record Q1 FY26 sales of $1.11B as APAC surges 24%, but profit and comps slip on higher expenses; outlook held.

Abercrombie & Fitch Co. NYSE: ANF surged Wednesday after the retailer delivered another quarter of better-than-expected earnings and extended its streak of sales growth to 14 consecutive quarters.

Shares of Abercrombie & Fitch (ANF) rose sharply on Wednesday after the retailer reported better-than-expected fiscal first-quarter earnings, helping ease investor concerns despite weaker comparable sales and softer second-quarter guidance. Abercrombie stock climbed more than 12% in the trading session.

Abercrombie & Fitch Co. (ANF) Q1 2026 Earnings Call Transcript

Abercrombie & Fitch (NYSE:ANF) shares rose about 12% after the company reported first-quarter results that beat profit expectations, while revenue slightly missed and comparable sales declined. For the quarter ended May 2, the company posted adjusted earnings of $1.47 per share, above analyst expectations of $1.28.

Abercrombie & Fitch Co. is reiterated as a Strong Buy, reflecting resilient performance and a significant valuation discount despite macro headwinds. ANF delivered its 14th consecutive growth quarter, beat EPS expectations, and raised 2026 guidance, with robust buybacks and a debt-free balance sheet. Management targets ~$450 million in 2026 buybacks (>12% yield), maintains aggressive expansion plans, and expects a more manageable tariff impact now.

Spot oil prices are down to multi-week lows while key retailers demonstrate strength compared to expectations.

Abercrombie & Fitch posted mixed fiscal first-quarter results after the conflict in the Middle East weighed on sales. Despite the challenges, which primarily affected Hollister, the company said it still expects total sales growth in the current quarter and the full year.

Abercrombie & Fitch Co. (NYSE:ANF) shares jumped 11.1% to trade at $83.20 this morning, the retailer brushing off a profit decline with stronger-than-expected earnings.

While the top- and bottom-line numbers for Abercrombie (ANF) give a sense of how the business performed in the quarter ended April 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.