Abercrombie & Fitch (NYSE:ANF) Posts Quarterly Earnings Results, Beats Estimates By $2.18 EPS

Abercrombie & Fitch (NYSE:ANF) announced its quarterly earnings results on Wednesday. The apparel retailer reported $4.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.99 by $2.18, RTT News reports. The business had revenue of $1.27 billion for the quarter, compared to analysts’ expectations 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 in the prior year, the firm earned $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 Abercrombie & Fitch stock opened at $108.69 on Wednesday. Abercrombie & Fitch has a 12-month low of $65.45 and a 12-month high of $133.11. The firm has a market capitalization of $4.83 billion, a PE ratio of 10.43 and a beta of 0.90. The stock’s fifty day moving average is $98.35 and its 200-day moving average is $91.25.

Insider Buying and Selling at Abercrombie & Fitch

In other Abercrombie & Fitch news, COO Scott D. Lipesky sold 10,000 shares of the business’s stock in a transaction dated 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 sale, the chief operating officer owned 152,534 shares in the company, valued at approximately $17,541,410. The trade was a 6.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders sold 30,000 shares of company stock valued at $3,300,000. Company insiders own 2.33% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Transamerica Financial Advisors LLC lifted its position in shares of Abercrombie & Fitch by 322.0% in 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 in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Abercrombie & Fitch during the 4th quarter valued at $44,000. NewEdge Advisors LLC lifted its holdings in shares of Abercrombie & Fitch by 181.6% in the second 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 acquired a new stake in shares of Abercrombie & Fitch in the fourth quarter worth $88,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Abercrombie & Fitch by 392.4% during the second quarter. EverSource Wealth Advisors LLC now owns 714 shares of the apparel retailer’s stock valued at $59,000 after buying an additional 569 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on ANF shares. Jefferies Financial Group raised their target price on Abercrombie & Fitch from $110.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Weiss Ratings raised shares of Abercrombie & Fitch from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 14th. The Goldman Sachs Group reissued a “buy” rating and set a $124.00 target price on shares of Abercrombie & Fitch in a research note on Wednesday, August 12th. UBS Group restated a “buy” rating and issued a $153.00 target price (up from $136.00) on shares of Abercrombie & Fitch in a research report on Wednesday, August 12th. Finally, BTIG Research restated a “buy” rating and issued a $120.00 price target on shares of Abercrombie & Fitch in a research note on Wednesday, May 27th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and an average price target of $119.27.

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.