{
  "id": 3499195,
  "title": "Abercrombie & Fitch soars on earnings beat, raised outlook",
  "url": "https://urgent.news/2026/08/26/abercrombie-fitch-soars-on-earnings-beat-raised-outlook",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T11:43:56.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/earnings/abercrombie--fitch-soars-on-earnings-beat-raised-outlook-4876990"
  },
  "original_language": "en",
  "account": "Abercrombie & Fitch Co. (NYSE: ANF) reported stronger-than-expected second-quarter earnings and revenue, surpassing analyst predictions and prompting a 11% rise in shares premarket. The apparel retailer posted adjusted earnings per share of $4.17, significantly beating the consensus estimate of $1.98. Revenue rose to $1.3 billion, a 5% year-over-year increase, outperforming the $1.25 billion forecast. Approximately $100 million in pre-tax IEEPA tariff refunds contributed to earnings per diluted share of $1.75. Operating margin reached 20%, a notable improvement from the company's earlier outlook of around 10%. Net sales expanded in all regions, with the Americas up 5%, APAC up 19%, and EMEA up 2%. Both Abercrombie and Hollister brands recorded record quarter sales, with Abercrombie Brands growing 8% and Hollister up 2%. Comparable sales remained flat. CEO Fran Horowitz praised the company's teams for their commitment to delivering compelling products, marketing, and experiences. For the upcoming third quarter, Abercrombie & Fitch forecasts earnings per share between $2.90 and $3.20, with a midpoint of $3.05, exceeding the analyst consensus of $2.85. Net sales are expected to grow 5% to 6%. The company has also raised its full-year outlook, projecting earnings per share between $13.10 and $13.60, a midpoint of $13.35 that surpasses the consensus estimate of $10.73. Full-year net sales growth now anticipates around 5%, up from the previous range of 3% to 5%. Operating margin is now expected to be between 14.5% and 15.0%, including around 220 basis points of favorability from IEEPA tariff refunds.",
  "summary": null,
  "key_points": [
    "Abercrombie & Fitch beats earnings per share by $2.99",
    "Revenue rises 5% YoY to $1.3 billion",
    "Full-year outlook raised to $13.35 EPS"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Quartz",
        "title": "Abercrombie & Fitch stock surged after beating earnings and raising its annual forecast",
        "url": "https://urgent.news/2026/08/26/abercrombie-fitch-stock-surged-after-beating-earnings-and-raising-its",
        "published": "2026-08-26T13:14:37.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}