Abercrombie & Fitch shares have gained about 8.7% since its last earnings report, outperforming the S&P 500. The company posted first-quarter fiscal 2026 earnings per share of $1.47, beating the Zacks Consensus Estimate of $1.26, though net sales of $1.11 billion missed the $1.12 billion estimate. Net sales rose 2% year over year, driven by a 3% increase in the Americas and a 24% surge in APAC, while EMEA sales fell 10%. By brand, Abercrombie net sales grew 3% to $564.7 million, while Hollister sales were essentially flat at $549.1 million. Management maintained its fiscal 2026 outlook for net sales growth of 3% to 5% and operating margin of 12% to 12.5%, with net income per share expected between $10.20 and $11.00.
Abercrombie & Fitch CompanyQ1 EPS beat estimates and management maintained fiscal 2026 outlook, driving shares up 8.7% since last earnings report.