NYSE$ANF

Abercrombie & Fitch Company · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Abercrombie & Fitch Co. reported record Q1 net sales of $1.1 billion with diluted EPS of $1.47.

The company achieved its 14th consecutive quarter of net sales growth, led by strength in the Americas and APAC regions. Operating margin was 8.0% and earnings exceeded the outlook range despite a year-over-year decline. Management maintained full-year guidance while returning capital to shareholders via buybacks.

  • Net sales reached a record $1.1138 billion, up 2% year-over-year.
  • Diluted EPS of $1.47 exceeded the outlook; operating margin was 8.0%.
  • $105 million in shares repurchased during the quarter.
  • Full-year outlook maintained: 3-5% net sales growth and $10.20-$11.00 diluted EPS.

Headline financials

Total Revenue

$1.11B

Previous: $1.1B+1.5%
EPS (adj)

$1.47

Previous: $1.59-7.5%
Operating margin

8.0%

No prior period
Inventories

$533M

No prior period
Comparable sales

-1.0%

No prior period
Capital Expenditures

-$61.3M

Previous: -$50.8M-20.8%
Free Cash Flow

-$17.1M

Previous: $29.6M-157.6%
Net Income

$68.1M

Previous: $80.4M-15.3%
Operating Income

$88.8M

Previous: $102M-12.5%
Gross Profit

$700M

Previous: $680M+2.9%
Cash & Equivalents

$594M

No prior period
Total Assets

$3.45B

No prior period

Revenue & EPS history

Abercrombie & Fitch · Revenue · Quarterly

$1.11B

Q1 2026+1.5%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Abercrombie & Fitch · $1.11B total across 2 segments · Q1 2026

  • Abercrombie
    $565M
  • Hollister
    $549M

Forward guidance

Full-year 2026 outlook maintained at 3-5% net sales growth and $10.20-$11.00 diluted EPS with around $450 million in share repurchases.

Tailwinds

  • Operating margin expected in 12.0-12.5% range
  • Strong liquidity of approximately $1.0 billion

Headwinds

  • Tariff impact expected to unfavorably affect operating margin by around 20 bps

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.1%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+2.3%

Avg return

30 days after

47%

30 / 64 earnings

Positive

+37.8%

Q3 2025

Best reaction

-30.0%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026
Q4 2025-3.8%-13.1%-7.0%
Q3 2025+37.8%+49.2%+93.2%
Q2 2025-1.2%-3.3%-11.2%
Q1 2025+14.9%+1.5%+7.2%
Q4 2024-9.2%-18.7%-23.7%
Q3 2024-3.8%-3.1%+0.5%
Q2 2024-14.6%-11.4%-13.3%
Q1 2024+17.1%+15.3%+16.7%
Q4 2023-8.7%-16.7%-13.7%
Q3 2023+0.7%+1.4%+28.9%
Q2 2023+22.6%+20.3%+23.0%
Q1 2023+24.1%+30.2%+60.5%
Q4 2022-3.6%-5.7%-5.6%
Q3 2022+28.7%+27.6%+15.1%
Q2 2022-14.9%-19.6%-14.9%
Q1 2022-16.8%-15.6%-30.4%
Q4 2021-11.9%-26.1%-12.4%
Q3 2021-16.6%-19.1%-27.0%
Q2 2021-6.4%-10.2%+0.5%
Q1 2021+15.4%+12.2%+21.5%
Q4 2020+0.1%+7.5%+24.8%
Q3 2020+0.6%-0.4%-11.5%
Q2 2020+10.6%+16.4%+31.3%
Q1 2020-11.0%-8.7%-24.8%
Q4 2019-8.0%-18.0%-36.5%
Q3 2019+2.5%-2.2%+6.6%
Q2 2019-14.1%-18.7%-9.0%
Q1 2019-30.0%-32.0%-35.9%
Q4 2018+20.7%+24.8%+21.2%
Q3 2018+22.1%+10.2%+13.3%
Q2 2018-20.4%-18.1%-22.4%
Q1 2018+0.8%+6.2%+2.6%
Q4 2017+4.7%+2.5%+28.1%
Q3 2017+35.8%+32.4%+33.1%
Q2 2017+28.4%+30.5%+48.4%
Q1 2017-0.4%+3.2%-4.7%
Q4 2016+4.7%+0.3%+2.1%
Q3 2016-12.8%-9.1%-21.4%
Q2 2016-22.7%-25.8%-32.3%
Q1 2016-19.5%-20.7%-29.1%
Q4 2015+6.1%
Q3 2015+28.8%
Q2 2015+9.2%
Q1 2015+4.2%
Q4 2014-15.8%
Q3 2014+0.2%
Q2 2014-5.4%
Q1 2014+8.2%
Q4 2013+8.0%
Q3 2013-2.4%
Q2 2013-17.4%
Q1 2013-9.6%
Q4 2012-7.9%
Q3 2012+33.9%
Q2 2012+9.5%
Q1 2012-19.5%
Q1 2011-4.7%
Q4 2009+4.8%
Q4 2011+4.8%
Q3 2011-1.0%
Q3 2009-1.0%
Q2 2009-0.7%
Q4 2010-0.7%
Q2 2011-0.7%

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