Abercrombie & Fitch (NYSE:ANF) Issues FY26 Earnings Guidance

Abercrombie & Fitch (NYSE:ANF) updated its FY26 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $10.40-11.40 for the period, compared to the consensus estimate of $11.28. The company issued revenue guidance of $5.10-5.20 billion, compared to the consensus revenue estimate of $5.20 billion. Abercrombie & Fitch also updated its FY 2025 guidance to 10.400-11.400 EPS.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ANF. Jefferies Financial Group lowered their price objective on shares of Abercrombie & Fitch from $220.00 to $170.00 and set a “buy” rating on the stock in a report on Wednesday. Telsey Advisory Group cut their price objective on Abercrombie & Fitch from $190.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday. JPMorgan Chase & Co. cut their target price on shares of Abercrombie & Fitch from $189.00 to $168.00 and set an “overweight” rating for the company in a research note on Wednesday. StockNews.com upgraded Abercrombie & Fitch from a “hold” rating to a “buy” rating in a research note on Saturday, March 1st. Finally, UBS Group upgraded shares of Abercrombie & Fitch from a “neutral” rating to a “buy” rating and increased their target price for the stock from $173.00 to $220.00 in a research report on Friday, January 10th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, Abercrombie & Fitch presently has an average rating of “Moderate Buy” and an average target price of $163.38.

Abercrombie & Fitch Stock Down 9.0 %

NYSE:ANF opened at $87.43 on Thursday. The firm has a market capitalization of $4.40 billion, a PE ratio of 8.65 and a beta of 1.45. Abercrombie & Fitch has a twelve month low of $79.77 and a twelve month high of $196.99. The stock’s 50-day simple moving average is $123.78 and its 200 day simple moving average is $137.94.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, March 5th. The apparel retailer reported $3.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.48 by $0.09. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. The company had revenue of $1.58 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the prior year, the business earned $2.97 earnings per share. The company’s revenue for the quarter was up 9.1% compared to the same quarter last year. On average, analysts anticipate that Abercrombie & Fitch will post 10.62 EPS for the current fiscal year.

Abercrombie & Fitch declared that its board has initiated a stock buyback plan on Wednesday, March 5th that allows the company to buyback $1.30 billion in shares. This buyback authorization allows the apparel retailer to reacquire up to 29.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its shares are undervalued.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co engages in the retail of apparel, personal care products, and accessories. The firm operates through following geographical segments: Americas, EMEA and APAC. The Americas segment includes operations in North America and South America. The EMEA segment includes operations in Europe, the Middle East and Africa.