Abercrombie & Fitch Reports Record Q2 Earnings Amid Strong Sales Growth
Abercrombie & Fitch (ANF) reported record second-quarter net sales of $1.27 billion, a 5% increase from the previous year and an acceleration compared to its first quarter performance. The company exceeded expectations on both operating margin and earnings per share despite benefiting from tariff refunds. Fran Horowitz-Bonadies, CEO, highlighted balanced growth across regions and brands with both Abercrombie and Hollister achieving record sales in Q2. The firm returned $177 million to shareholders through its 10th consecutive quarter of share repurchases, having already bought back approximately 7% of shares outstanding since the beginning of the year. The Americas region saw a 5% growth with strong performance across direct channels while EMEA and APAC also showed positive results. Abercrombie & Fitch is updating its full-year net sales outlook to the high end of its prior range, reflecting confidence in continued profitable growth for fiscal year 2026. The company emphasized progress on strategic priorities aimed at strengthening long-term success.
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