Abercrombie & Fitch

Abercrombie & Fitch (ANF) Q4 2026 Earnings

Reported Mar 4, 2026 at 7:34 AM ET · SEC Source

Q4 26 EPS

$3.68

BEAT +3.12%

Est. $3.57

Q4 26 Revenue

$1.67B

BEAT +0.10%

Est. $1.67B

vs S&P Since Q4 26

-12.0%

TRAILING MARKET

ANF -2.6% vs S&P +9.5%

Full Year 2026 Results

FY 26 EPS

$10.46

BEAT +4.42%

Est. $10.02

FY 26 Revenue

$5.27B

BEAT +0.03%

Est. $5.26B

Market Reaction

Did ANF Beat Earnings? Q4 2026 Results

Abercrombie & Fitch capped a record-setting fiscal year with a solid fourth quarter beat, posting earnings per share of $3.68 against the $3.60 consensus estimate, a 2.22% beat, while revenue of $1.67 billion edged past expectations and rose 5.4% yea… Read more Abercrombie & Fitch capped a record-setting fiscal year with a solid fourth quarter beat, posting earnings per share of $3.68 against the $3.60 consensus estimate, a 2.22% beat, while revenue of $1.67 billion edged past expectations and rose 5.4% year over year, marking the retailer's thirteenth consecutive quarter of growth. The headline numbers were underpinned by balanced gains across regions, brands, and channels, though operating margin narrowed to 14.1% from 16.2% a year earlier as cost of sales climbed to 40.5% of net sales and selling expenses weighed more heavily on results. For the full fiscal year, net sales reached $5.27 billion, a 6% increase, with the Hollister brands delivering record annual sales on 15% growth. Looking ahead, management guided fiscal 2026 full-year net sales growth of 3% to 5% and EPS of $10.20 to $11.00, with the outlook absorbing an estimated 70 basis point net headwind from assumed 15% tariffs on U.S. Imports after planned mitigation efforts.

Key Takeaways

  • Thirteenth consecutive quarter of net sales growth
  • Balanced growth across regions, brands, and channels
  • Hollister brands delivered record full year net sales with 15% growth
  • Comparable sales up 1% in Q4 and 3% for the full year
  • EMEA Q4 net sales grew 8%, APAC grew 9%

ANF Forward Guidance & Outlook

For fiscal 2026 (Q1): Net sales growth of 1% to 3%, operating margin around 7.0%, effective tax rate around 26%, EPS of $1.20 to $1.30, share repurchases of at least $100 million. For fiscal 2026 (Full Year): Net sales growth of 3% to 5%, operating margin of 12.0% to 12.5%, effective tax rate around 29%, EPS of $10.20 to $11.00, share repurchases around $450 million, capital expenditures of $200 to $225 million, approximately 30 net new store openings (55 openings, 25 closures), and 70 remodels and right-sizes. Outlook includes assumed impact of a 15% tariff on all goods imported into the U.S. effective February 24, 2026, with a net tariff impact of approximately 70 basis points on full year net sales after planned mitigation efforts.

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ANF YoY Financials

Q4 2026 vs Q4 2025, source: SEC Filings

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ANF Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 26 Q4 26
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ANF Revenue by Geography

With YoY comparisons, source: SEC Filings

Q1 26 Q4 26

“Our record fourth quarter net sales marked our thirteenth consecutive quarter of growth, with both operating margin and earnings per share at the high end of expectations we shared in early January.”

— Fran Horowitz, Q4 2026 Earnings Press Release