Abercrombie & Fitch (NYSE:ANF) Posts Earnings Results, Beats Expectations By $0.21 EPS

Abercrombie & Fitch (NYSE:ANF) issued its quarterly earnings results on Wednesday. The apparel retailer reported $1.47 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.21, RTT News reports. Abercrombie & Fitch had a return on equity of 36.36% and a net margin of 9.63%.During the same period in the previous year, the company posted $1.59 EPS. The business’s revenue was up 1.5% on a year-over-year basis. Abercrombie & Fitch updated its Q2 2026 guidance to 1.800-2.000 EPS and its FY 2026 guidance to 10.200-11.000 EPS.

Abercrombie & Fitch Trading Down 2.8%

ANF stock opened at $75.06 on Wednesday. The stock has a market capitalization of $3.36 billion, a PE ratio of 7.12 and a beta of 0.97. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $133.11. The stock’s 50 day simple moving average is $86.01 and its 200 day simple moving average is $94.41.

Institutional Investors Weigh In On Abercrombie & Fitch

Hedge funds have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC purchased a new stake in Abercrombie & Fitch during the 2nd quarter valued at $348,000. Glenmede Investment Management LP raised its stake in Abercrombie & Fitch by 162.9% during the 3rd quarter. Glenmede Investment Management LP now owns 4,041 shares of the apparel retailer’s stock valued at $346,000 after buying an additional 2,504 shares during the last quarter. Corient Private Wealth LLC raised its stake in Abercrombie & Fitch by 35.6% during the 2nd quarter. Corient Private Wealth LLC now owns 3,992 shares of the apparel retailer’s stock valued at $331,000 after buying an additional 1,048 shares during the last quarter. United Services Automobile Association purchased a new stake in Abercrombie & Fitch during the 1st quarter valued at $261,000. Finally, Vinva Investment Management Ltd purchased a new stake in Abercrombie & Fitch during the 4th quarter valued at $256,000.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on ANF. Barclays lowered their price objective on Abercrombie & Fitch from $115.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th. Raymond James Financial set a $92.00 price objective on Abercrombie & Fitch in a research report on Thursday, May 21st. JPMorgan Chase & Co. lowered their price objective on Abercrombie & Fitch from $110.00 to $107.00 and set a “neutral” rating on the stock in a research report on Monday, May 18th. Jefferies Financial Group lowered their price objective on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Finally, Needham & Company LLC began coverage on Abercrombie & Fitch in a research report on Thursday, March 26th. They issued a “buy” rating and a $108.00 price objective on the stock. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $116.00.

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.