Q2 EPS Forecast for Abercrombie & Fitch Cut by Analyst

Abercrombie & Fitch Co. (NYSE:ANF) – Research analysts at William Blair reduced their Q2 2026 earnings estimates for Abercrombie & Fitch in a report issued on Wednesday, May 28th. William Blair analyst D. Carden now expects that the apparel retailer will post earnings of $2.22 per share for the quarter, down from their previous forecast of $2.55. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.62 per share. William Blair also issued estimates for Abercrombie & Fitch’s Q1 2027 earnings at $1.67 EPS.

Abercrombie & Fitch (NYSE:ANF) last posted its quarterly earnings data on Wednesday, May 28th. The apparel retailer reported $1.59 EPS for the quarter, topping the consensus estimate of $1.35 by $0.24. The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.08 billion. Abercrombie & Fitch had a net margin of 11.16% and a return on equity of 46.50%. Abercrombie & Fitch’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.14 earnings per share.

A number of other analysts have also issued reports on the stock. Jefferies Financial Group lowered their target price on shares of Abercrombie & Fitch from $170.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, May 21st. Barclays set a $84.00 target price on shares of Abercrombie & Fitch and gave the company an “equal weight” rating in a research note on Thursday, May 29th. Citigroup reissued a “buy” rating on shares of Abercrombie & Fitch in a research note on Wednesday, May 28th. Morgan Stanley boosted their target price on shares of Abercrombie & Fitch from $78.00 to $82.00 and gave the company an “equal weight” rating in a research note on Thursday, May 29th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Abercrombie & Fitch from $142.00 to $147.00 and gave the company an “overweight” rating in a research note on Thursday, May 29th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, Abercrombie & Fitch currently has a consensus rating of “Moderate Buy” and a consensus price target of $111.38.

Abercrombie & Fitch Trading Down 1.9%

Shares of ANF opened at $76.87 on Monday. The firm has a market capitalization of $3.66 billion, a P/E ratio of 7.60 and a beta of 1.47. Abercrombie & Fitch has a 12-month low of $65.40 and a 12-month high of $194.38. The firm has a fifty day moving average price of $74.55 and a 200-day moving average price of $106.50.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Private Trust Co. NA grew its position in shares of Abercrombie & Fitch by 30.9% in the 4th quarter. Private Trust Co. NA now owns 415 shares of the apparel retailer’s stock worth $62,000 after buying an additional 98 shares during the last quarter. Virtue Capital Management LLC grew its position in shares of Abercrombie & Fitch by 1.3% in the 4th quarter. Virtue Capital Management LLC now owns 8,221 shares of the apparel retailer’s stock worth $1,229,000 after buying an additional 102 shares during the last quarter. Evergreen Capital Management LLC grew its position in shares of Abercrombie & Fitch by 2.0% in the 4th quarter. Evergreen Capital Management LLC now owns 5,460 shares of the apparel retailer’s stock worth $816,000 after buying an additional 108 shares during the last quarter. Arizona State Retirement System grew its position in shares of Abercrombie & Fitch by 0.8% in the 4th quarter. Arizona State Retirement System now owns 14,831 shares of the apparel retailer’s stock worth $2,217,000 after buying an additional 115 shares during the last quarter. Finally, Atria Investments Inc grew its position in shares of Abercrombie & Fitch by 7.4% in the 4th quarter. Atria Investments Inc now owns 1,679 shares of the apparel retailer’s stock worth $251,000 after buying an additional 115 shares during the last quarter.

Abercrombie & Fitch declared that its Board of Directors has initiated a share repurchase program on Wednesday, March 5th that permits the company to repurchase $1.30 billion in outstanding shares. This repurchase authorization permits the apparel retailer to reacquire up to 29.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

About Abercrombie & Fitch

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.