Abercrombie
Net sales of $1.1 billion, up 2% as compared to last year, with comparable sales of (1)%.
Verified 24 Oct 2026 · occurred 27 May 2026
Detail
full year earnings: “For fiscal 2026, the company now expects: Current Full Year Outlook Previous Full Year Outlook (1) Net sales Growth In The Range of 3% to 5% Growth In The Range of 3% to 5% Year-over-year tariff impact (bps) (2) Unfavorability of around 20 bps Unfavorability of around 70 bps Operating margin In The Range of 12.0% to 12.5% In The Range of 12.0% to 12.5% Effective tax rate (3) Around 30% Around 29% Net income per diluted share (4) (5) In The Range of $10.20 to $11.00 In The Range of $10.20 to $11.00 Share repurchases (5) Around $450 million Around $450 million Diluted weighted average shares (4) (5) Around 44 million Around 45 million Capital expenditures Around $225 million In The Range of $200 to $250 million Real estate activity (6) (all approximate) ~30 Net Store Openings ~30 Net Store Openings 50 Openings, 20 Closures 55 Openings, 25 Closures 80 Remodels and Right-Sizes 70 Remodels and Right-Sizes Second Quarter Outlook Net sales Growth In The Range of 2% to 4% Year-over-year tariff impact (bps) (2) Unfavorability of around 120 bps Operating margin Around 10% Effective tax rate (3) Around 32% Net income per diluted share (4) (5) In The Range of $1.80 to $2.00 Share repurchases (5) At least $150 million Diluted weighted average shares (4) (5) Around 45 million (1) Released March 4, 2026.”
full-year earnings: “REPORTS FIRST QUARTER FISCAL 2026 RESULTS • Record first quarter net sales of $1.1 billion, up 2% from last year, 14th consecutive quarter of growth • Net sales growth led by Americas up 3%, APAC up 24%, partially offset by 10% decline in EMEA • Brand performance led by Abercrombie brands growth of 3%, with Hollister brands flat • Operating margin of 8.0%, with earnings per diluted share of $1.47 exceeding outlook range • $105 million in shares repurchased in the quarter; 3% of shares outstanding at beginning of the year • Maintains full-year outlook to net sales growth of 3% to 5%, net income per diluted share of $10.20 to $11.00, share repurchases of around $450 million • Second quarter outlook of net sales growth of 2% to 4%, net income per diluted share of $1.80 to $2.00, at least $150 million in share repurchases New Albany, Ohio, May 27, 2026: Abercrombie & Fitch Co.”
- Type
- Earnings
- Category
- Financial
Sources
SEC filingas of · verified
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