Zacks Research Issues Pessimistic Outlook for ANF Earnings

Abercrombie & Fitch Company (NYSE:ANF) – Investment analysts at Zacks Research reduced their Q2 2027 earnings estimates for shares of Abercrombie & Fitch in a research report issued to clients and investors on Tuesday, June 9th. Zacks Research analyst Team now expects that the apparel retailer will post earnings of $1.94 per share for the quarter, down from their previous estimate of $2.50. The consensus estimate for Abercrombie & Fitch’s current full-year earnings is $10.62 per share. Zacks Research also issued estimates for Abercrombie & Fitch’s Q2 2028 earnings at $2.42 EPS and Q1 2029 earnings at $1.76 EPS.

Abercrombie & Fitch (NYSE:ANF) last announced its quarterly earnings results on Wednesday, May 27th. The apparel retailer reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.21. The firm had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.12 billion. Abercrombie & Fitch had a net margin of 9.34% and a return on equity of 34.36%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.59 EPS. Abercrombie & Fitch has set its Q2 2026 guidance at 1.800-2.000 EPS and its FY 2026 guidance at 10.200-11.000 EPS.

Several other research analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Abercrombie & Fitch from a “buy” rating to a “hold” rating in a research report on Sunday, March 8th. Raymond James Financial set a $92.00 price objective on shares of Abercrombie & Fitch in a report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and issued a $108.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. BTIG Research restated a “buy” rating and issued a $120.00 price objective on shares of Abercrombie & Fitch in a report on Wednesday, May 27th. Finally, UBS Group reduced their price objective on shares of Abercrombie & Fitch from $149.00 to $136.00 and set a “buy” rating on the stock in a report on Thursday, May 28th. Eight research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $112.64.

Abercrombie & Fitch Trading Up 2.1%

Shares of ANF stock opened at $85.40 on Thursday. The company’s 50-day moving average price is $84.13 and its 200-day moving average price is $95.10. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 8.20 and a beta of 0.92. Abercrombie & Fitch has a twelve month low of $65.45 and a twelve month high of $133.11.

Institutional Trading of Abercrombie & Fitch

Institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC raised its holdings in Abercrombie & Fitch by 181.6% in the 2nd quarter. NewEdge Advisors LLC now owns 352 shares of the apparel retailer’s stock valued at $29,000 after buying an additional 227 shares during the period. Transamerica Financial Advisors LLC increased its stake in Abercrombie & Fitch by 322.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 249 shares of the apparel retailer’s stock worth $31,000 after purchasing an additional 190 shares during the period. Larson Financial Group LLC increased its stake in Abercrombie & Fitch by 120.3% during the fourth quarter. Larson Financial Group LLC now owns 271 shares of the apparel retailer’s stock worth $34,000 after purchasing an additional 148 shares during the period. Hantz Financial Services Inc. increased its stake in Abercrombie & Fitch by 108.2% during the third quarter. Hantz Financial Services Inc. now owns 481 shares of the apparel retailer’s stock worth $41,000 after purchasing an additional 250 shares during the period. Finally, Nomura Asset Management Co. Ltd. increased its stake in Abercrombie & Fitch by 94.4% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 350 shares of the apparel retailer’s stock worth $44,000 after purchasing an additional 170 shares during the period.

Abercrombie & Fitch News Roundup

Here are the key news stories impacting Abercrombie & Fitch this week:

• Positive Sentiment: Zacks Research lifted several forward earnings estimates for Abercrombie & Fitch, including FY2027 to $10.54 per share and FY2028 to $11.62, signaling stronger expected profitability ahead.
• Positive Sentiment: The firm also raised near- and medium-term quarterly estimates for periods such as Q1 2028, Q3 2027, and Q4 2027, which may reinforce confidence in the company’s earnings trajectory.
• Neutral Sentiment: One estimate was cut for Q2 2027 and Q2 2028 earnings, showing that analyst views are not uniformly improving across all future periods.

Abercrombie & Fitch Company Profile

Abercrombie & Fitch Co (NYSE: ANF) is an American specialty retailer that designs, markets and sells casual apparel and accessories for men, women and children. Founded in 1892 by David T. Abercrombie and Ezra Fitch, the company evolved from an outdoor gear outfitter to a global lifestyle brand renowned for its relaxed, preppy aesthetic. Its product assortment includes tops, bottoms, outerwear, intimates, swimwear, fragrances and personal care items.

The company operates under multiple brand names, including Abercrombie & Fitch, Abercrombie Kids, Hollister and Gilly Hicks, each targeting distinct consumer segments from teens to young adults.