Jul 2026 (Q2 FY27) — Aug 26, 2026
Abercrombie & Fitch Co. Q2 FY27 – Record Sales and Increased Full-Year Outlook
Read the full callAbercrombie & Fitch (ANF) earnings
- Aug 2026
- Jul 2026 (Q2 FY27)
- Jan 2026
Abercrombie & Fitch earnings: last reported Wed, 26 Aug 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,267 | +4.8% YoY | Quarterly, as filed | Quarter to Aug 2026 | Revenue from operations as filed. |
| Operating margin | 19.9 | +2.8 pts YoY | Operating profit / revenue | Quarter to Aug 2026 | For the quarter; a change is in percentage points. |
| Net profit | 184 | +29.9% YoY | Quarterly, as filed | Quarter to Aug 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
31 of 42 judged targets kept · 30 open · verdicts reflect calls analysed to Jul 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Earnings per share | $1.80 to $2 | Apr 2026 | delivering an operating margin of 19.9% and net income per diluted share of $4.17 for the quarter. | Achieved |
| Capital expenditures | around $225 million | Apr 2026 | For capital allocation, we now expect capital expenditures around $250 million. | Revised Down |
| Capital expenditures | approximately $225 million | Jul 2025 | Ghosted |
11 of ABERCROMBIE & FITCH CO /DE/'s 72 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 69 more targets are in the full ledger.
Claimed
- Record Q2 net sales of $1.27 billion, up 5% YoY, exceeding expectations.
- Operating margin of 19.9%, significantly above outlook, driven by tariff refunds and underlying business strength.
- Abercrombie Brands net sales grew 8% with comparable sales up 4%.
- Hollister net sales grew 2% on top of 19% last year, with acceleration into August.
- Returned $177 million to shareholders through share repurchases in the quarter, with at least $500 million planned for the full year.
Qualified
- EMEA comparable sales declined 4% in Q2 FY27.
- Higher year-over-year tariff expenses of 100 basis points partially offset tariff refund benefits.
- Freight costs remain elevated, largely offsetting tariff benefits on gross margin.
Price
$162.01 +5.71% · +$8.75
Performance +136.6% 1Y
1Y: $68.48 on 17 Oct 2025 → $162.01. High $162.01 (19 Oct 2026), low $65.61 (24 Nov 2025).
- Previous close
- $153.26
- 52-week range
- $65.61 – $162.01
- One year
- +143.08%
Overview
- Symbol
- ANF
- Sector
- Consumer Discretionary
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
31 of 42 judged targets kept · 30 open · verdicts reflect calls analysed to Jul 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Earnings per share | $1.80 to $2 | Apr 2026 | delivering an operating margin of 19.9% and net income per diluted share of $4.17 for the quarter. | Achieved |
| Capital expenditures | around $225 million | Apr 2026 | For capital allocation, we now expect capital expenditures around $250 million. | Revised Down |
| Capital expenditures | approximately $225 million | Jul 2025 | Ghosted |
Claimed
- Record Q2 net sales of $1.27 billion, up 5% YoY, exceeding expectations.
- Operating margin of 19.9%, significantly above outlook, driven by tariff refunds and underlying business strength.
- Abercrombie Brands net sales grew 8% with comparable sales up 4%.
- Hollister net sales grew 2% on top of 19% last year, with acceleration into August.
- Returned $177 million to shareholders through share repurchases in the quarter, with at least $500 million planned for the full year.
Qualified
- EMEA comparable sales declined 4% in Q2 FY27.
- Higher year-over-year tariff expenses of 100 basis points partially offset tariff refund benefits.
- Freight costs remain elevated, largely offsetting tariff benefits on gross margin.
The full ledger
Open ABERCROMBIE & FITCH CO /DE/’s full ledger
A free account opens 5 company ledgers a month. All 72 tracked commitments, with each call’s wording and source.
Call summaries
Apr 2026 (Q1 FY27) — May 27, 2026
Abercrombie & Fitch Co. Q1 FY27 — Record Sales and Strong Profitability Despite EMEA Headwinds
Read the full callJan 2026 (Q4 FY26) — Mar 4, 2026
Abercrombie & Fitch Q4 FY26 — Record Sales and Consistent Profitability
Read the full callEvery analysed call
Abercrombie & Fitch earnings calls (ANF)
Financials
What the filings say
Net profit, year on year: +30% (quarter to aug 2026 against aug 2025).
| Line item | Nov 2024 | Feb 2025 | May 2025 | Aug 2025 | Nov 2025 | Jan 2026 | May 2026 | Aug 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,209 | 1,585 | 1,097 | 1,209 | 1,291 | 1,670 | 1,114 | 1,267 |
| Operating profit | 179 | 256 | 102 | 207 | 155 | 236 | 89 | 253 |
| Operating margin | 14.8% | 16.2% | 9.3% | 17.1% | 12.0% | 14.1% | 8.0% | 19.9% |
| Profit before tax | 188 | 265 | 108 | 209 | 161 | 242 | 94 | 260 |
| Tax rate | 28.8% | 28.4% | 24.5% | 31.4% | 28.5% | 27.9% | 27.6% | 28.7% |
| Net profit | 132 | 187 | 80 | 141 | 113 | 172 | 67 | 184 |
| EPS ($ per share) | 2.59 | — | 1.63 | 2.97 | 2.41 | — | 1.49 | 4.20 |
| Line item | Feb 2019 | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 2,419 | 2,314 | 2,149 | 2,386 | 2,369 | 2,644 | 3,197 | 3,698 |
| Total liabilities | 1,167 | 2,478 | 2,366 | 2,102 | 2,007 | 1,924 | 1,949 | 2,121 |
| Fixed assets | 695 | 665 | 551 | 508 | 552 | 538 | 576 | 674 |
| Investments | — | — | — | — | — | 0 | 116 | 25 |
| Total assets | 2,386 | 3,550 | 3,315 | 2,939 | 2,713 | 2,974 | 3,300 | 3,542 |
| Line item | Feb 2019 | Feb 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Feb 2024 | Feb 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 353 | 301 | 405 | 278 | -2 | 653 | 710 | 619 |
| Cash from investing | -152 | -203 | -52 | -97 | -141 | -157 | -298 | -151 |
| Cash from financing | -132 | -148 | 70 | -447 | -155 | -111 | -535 | -495 |
| Net cash flow | 48 | -54 | 432 | -290 | -307 | 382 | -129 | -13 |
| Capital expenditure | -152 | -203 | -102 | -97 | -165 | -158 | -183 | -241 |
| Free cash flow | 201 | 98 | 303 | 181 | -167 | 496 | 527 | 378 |
ANF revenue by segment
Hollister grew from 48% to 53% of revenue over the last two years.
| Segment | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | Q4 FY2026 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Hollister | 48% | 51% | 50% | 54% | 52% | 52% | 49% | 53% | +2.0% |
| Abercrombie | 52% | 49% | 50% | 46% | 48% | 48% | 51% | 47% | +8.1% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2027 · share of revenue
- Americas 81% ↓ 1 pt
- US 79%
- EMEA 16% ↑ 1 pt
- Asia Pacific 3%
As ANF cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
95 filings between Jan 22, 2026 and Sep 4, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$50.32M
29 sales by 5 insiders
72% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 5
- Award — granted as compensation
- 31
- Option exercise — converted options into shares
- 29
- Tax withheld — shares kept back by the company to cover tax
Also filed: 1 gift.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Horowitz Fran | — | $39.73M | Feb 6, 2026 |
| Lipesky Scott D. | — | $5.34M | Sep 4, 2026 |
| HENCHEL GREGORY J | — | $4.40M | Aug 28, 2026 |
| Rust Jay | — | $737.5K | Aug 28, 2026 |
| Robinson Kenneth B. | — | $119.8K | Aug 28, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 4, 2026 | Lipesky Scott D. EVP and COO | Sale | 2,000 | $293.6K |
| Aug 28, 2026 | Lipesky Scott D. EVP and COO | Sale | 5,000 | $745.0K |
| Aug 28, 2026 | Rust Jay EVP, Chief HR Officer | Sale | 5,000 | $737.5K |
| Aug 28, 2026 | HENCHEL GREGORY J EVP, Chief Legal Off & Secy | Sale | 30,000 | $4.40M |
| Aug 28, 2026 | Robinson Kenneth B. Director | Sale | 800 | $119.8K |
| Aug 10, 2026 | Lipesky Scott D. EVP and COO | Sale | 10,000 | $1.15M |
| Aug 4, 2026 | Lipesky Scott D. EVP and COO | Sale 10b5-1 plan | 10,000 | $1.10M |
| Jul 28, 2026 | Lipesky Scott D. EVP and COO | Sale 10b5-1 plan | 10,000 | $1.05M |
| Jul 16, 2026 | Lipesky Scott D. EVP and COO | Sale | 10,000 | $1.00M |
| Jun 3, 2026 | McCluskey Helen Director | Option exercise | 2,089 | $0 |
| Jun 3, 2026 | Robinson Kenneth B. Director | Option exercise | 2,089 | $0 |
| Jun 3, 2026 | GOLDMAN JAMES A Director | Option exercise | 2,089 | $0 |
| Jun 3, 2026 | Vaid Helen Director | Option exercise | 2,089 | $0 |
| Jun 3, 2026 | ANDERSON KERRII B Director | Option exercise | 1,567 | $0 |
| Jun 3, 2026 | Horowitz Fran Chief Executive Officer | Gift | 25,000 | $0 |
| Jun 3, 2026 | TRAVIS NIGEL Director | Option exercise | 3,355 | $0 |
| Jun 3, 2026 | Nunez Arturo Director | Option exercise | 2,089 | $0 |
| Mar 26, 2026 | Rust Jay EVP Human Resources | Tax withheld | 7,865 | $706.0K |
| Mar 26, 2026 | Rust Jay EVP Human Resources | Award | 17,632 | $0 |
| Mar 26, 2026 | HENCHEL GREGORY J EVP, Gen Cnsl & Secy | Tax withheld | 10,887 | $977.2K |
| Mar 26, 2026 | Horowitz Fran Chief Executive Officer | Award | 290,904 | $0 |
| Mar 26, 2026 | Lipesky Scott D. EVP and COO | Award | 70,522 | $0 |
| Mar 26, 2026 | HENCHEL GREGORY J EVP, Gen Cnsl & Secy | Award | 24,684 | $0 |
| Mar 26, 2026 | Desai Samir EVP;Chief Digital&Tech Officer | Tax withheld | 34,832 | $3.13M |
| Mar 26, 2026 | Horowitz Fran Chief Executive Officer | Tax withheld | 128,289 | $11.52M |
| Mar 26, 2026 | Lipesky Scott D. EVP and COO | Tax withheld | 30,537 | $2.74M |
| Mar 26, 2026 | Desai Samir EVP;Chief Digital&Tech Officer | Award | 70,522 | $0 |
| Mar 23, 2026 | Ball Robert J. EVP, CFO | Tax withheld | 227 | $19.9K |
| Mar 23, 2026 | Ball Robert J. EVP, CFO | Option exercise | 780 | $0 |
| Mar 23, 2026 | Rust Jay EVP Human Resources | Tax withheld | 870 | $76.1K |
| Mar 23, 2026 | Rust Jay EVP Human Resources | Option exercise | 1,949 | $0 |
| Mar 23, 2026 | Frericks Joseph GVP, Corporate Controller | Tax withheld | 227 | $19.9K |
| Mar 23, 2026 | Frericks Joseph GVP, Corporate Controller | Option exercise | 780 | $0 |
| Mar 12, 2026 | Lipesky Scott D. EVP and COO | Tax withheld | 1,497 | $125.9K |
| Mar 12, 2026 | Rust Jay EVP Human Resources | Option exercise | 1,037 | $0 |
| Mar 12, 2026 | HENCHEL GREGORY J EVP, Gen Cnsl & Secy | Tax withheld | 549 | $46.2K |
| Mar 12, 2026 | Lipesky Scott D. EVP and COO | Option exercise | 3,456 | $0 |
| Mar 12, 2026 | Horowitz Fran Chief Executive Officer | Tax withheld | 5,823 | $489.6K |
| Mar 12, 2026 | Horowitz Fran Chief Executive Officer | Option exercise | 13,202 | $0 |
| Mar 12, 2026 | HENCHEL GREGORY J EVP, Gen Cnsl & Secy | Option exercise | 1,244 | $0 |
| Mar 12, 2026 | Frericks Joseph GVP, Corporate Controller | Tax withheld | 85 | $7.1K |
| Mar 12, 2026 | Frericks Joseph GVP, Corporate Controller | Option exercise | 291 | $0 |
| Mar 12, 2026 | Desai Samir EVP;Chief Digital&Tech Officer | Tax withheld | 1,195 | $100.5K |
| Mar 12, 2026 | Desai Samir EVP;Chief Digital&Tech Officer | Option exercise | 2,419 | $0 |
| Mar 12, 2026 | Ball Robert J. EVP, CFO | Tax withheld | 151 | $12.7K |
| Mar 12, 2026 | Rust Jay EVP Human Resources | Tax withheld | 463 | $38.9K |
| Mar 12, 2026 | Ball Robert J. EVP, CFO | Option exercise | 519 | $0 |
| Mar 11, 2026 | Desai Samir EVP;Chief Digital&Tech Officer | Option exercise | 3,918 | $0 |
| Mar 11, 2026 | Desai Samir EVP;Chief Digital&Tech Officer | Tax withheld | 1,936 | $169.0K |
| Mar 11, 2026 | Rust Jay EVP Human Resources | Option exercise | 1,800 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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