Abercrombie Q2 EPS Soars to $4.17 on Tariff Refund, Buyback Boosted to $500M
ANF sits 65% above its 52-week low of $65.45.
Summary
Abercrombie & Fitch delivered a blowout Q2, with adjusted EPS of $4.17 crushing the $1.99 consensus and sales of $1.27B beating estimates. A $100M IEEPA tariff refund inflated the bottom line, but regional growth was broad-based—Americas up 5%, APAC up 19%, and Abercrombie brands up 8% to a record Q2. Management raised the full-year buyback outlook to at least $500M from $450M and guided FY26 EPS to $13.10-$13.60, well above prior expectations. The stock trades at 10x forward earnings versus 8x three months ago, reflecting improved sentiment. Watch for Q3 results to confirm the 5-6% sales growth guidance.
At the time of this announcement, ANF was trading at $108.30 on NYSE in the Trade & Services sector, with a market capitalization of approximately $4.8B. The 52-week trading range was $65.45 to $133.11. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.