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2 clusters · 12 sources · 1 days · First seen · Last updated

Abercrombie & Fitch fiscal 2026 earnings performance

Overview

Abercrombie & Fitch reported record second-quarter fiscal 2026 net sales of approximately $1.3 billion, marking its 15th consecutive quarter of growth. The company’s adjusted earnings per diluted share rose 79% to $4.17, a figure bolstered by a $100 million benefit from tariff refunds related to the International Emergency Economic Powers Act following a Supreme Court ruling.

Regional performance was strong, highlighted by a 19% increase in the Asia-Pacific segment. Following these results, Abercrombie & Fitch raised its full-year financial outlook, projecting net sales growth of approximately 3% to 5%. The company also announced plans to increase share repurchases to at least $500 million for the year.

In the broader market, shares of competitor Urban Outfitters rose as much as 8.5% in response to the strong earnings report from Abercrombie & Fitch.

Entities

Abercrombie & Fitch · Hollister · Bank of America · Fran Horowitz · Target

Timeline

  1. 17 days ago

    [BUSINESS] 2 sources
    Urban Outfitters stock rises following Abercrombie & Fitch earnings

    Urban Outfitters stock surged following record second-quarter sales and profit growth reported by competitor Abercrombie & Fitch.

  2. 17 days ago

    [BUSINESS] 12 sources
    Abercrombie & Fitch shares surge on record Q2 sales and raised guidance

    Abercrombie & Fitch shares surged after reporting record Q2 sales of $1.3 billion and raising full-year guidance, bolstered by strong brand growth and $100 million in tariff refunds.

Sources

atinitonews.com · bitcoinethereumnews.com · drapersonline.com · ibtimes.com.au · joroistenlehti.fi · last10k.com · levisonenterprises.com · newsable.asianetnews.com · seekingalpha.com · stocknews.com · theascent.com · theasset.nl