Abercrombie & Fitch (NYSE:ANF) Issues Earnings Results

Abercrombie & Fitch (NYSE:ANF) announced its earnings results on Wednesday. The apparel retailer reported $1.47 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.21, RTT News reports. Abercrombie & Fitch had a net margin of 9.63% and a return on equity of 36.36%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.59 earnings per share. 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 Price Performance

NYSE:ANF opened at $75.06 on Wednesday. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 7.12 and a beta of 0.97. Abercrombie & Fitch has a one year low of $65.45 and a one year high of $133.11. The business has a fifty day moving average price of $86.01 and a 200-day moving average price of $94.41.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Raymond James Financial set a $92.00 target price on shares of Abercrombie & Fitch in a research note on Thursday, May 21st. JPMorgan Chase & Co. decreased their target price on shares of Abercrombie & Fitch from $110.00 to $107.00 and set a “neutral” rating for the company in a research note on Monday, May 18th. Wall Street Zen lowered Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research note on Sunday, March 8th. Jefferies Financial Group reduced their price objective on Abercrombie & Fitch from $135.00 to $130.00 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $125.00 price objective on shares of Abercrombie & Fitch in a research note on Wednesday, March 4th. Eight analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $116.00.

Institutional Investors Weigh In On Abercrombie & Fitch

Several hedge funds and other institutional investors have recently modified their holdings of ANF. Wellington Management Group LLP increased its stake in shares of Abercrombie & Fitch by 5,749.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,194,013 shares of the apparel retailer’s stock worth $102,148,000 after purchasing an additional 1,173,601 shares in the last quarter. AQR Capital Management LLC increased its stake in Abercrombie & Fitch by 56.0% in the 4th quarter. AQR Capital Management LLC now owns 2,504,240 shares of the apparel retailer’s stock worth $315,209,000 after buying an additional 898,884 shares in the last quarter. Boston Partners increased its stake in Abercrombie & Fitch by 102.5% in the 3rd quarter. Boston Partners now owns 1,094,023 shares of the apparel retailer’s stock worth $92,940,000 after buying an additional 553,889 shares in the last quarter. Bank of America Corp DE increased its stake in Abercrombie & Fitch by 220.2% in the 2nd quarter. Bank of America Corp DE now owns 606,254 shares of the apparel retailer’s stock worth $50,228,000 after buying an additional 416,924 shares in the last quarter. Finally, Delta Global Management LP purchased a new stake in Abercrombie & Fitch in the 4th quarter worth $25,570,000.

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.