Abercrombie & Fitch, headquartered in New Albany, Ohio, reported stronger‑than‑expected results for the quarter ending June 2026 and used the momentum to raise its full‑year outlook. The retailer said it now anticipates net sales to increase 5% for the year, an upgrade from the previous 3%‑5% range.
Quarterly revenue reached $1.27 billion, edging above analysts’ consensus estimate of $1.25 billion compiled by LSEG. The company also lifted its earnings‑per‑share guidance to a range of $13.10 to $13.60, up from $10.20‑$11.00 previously forecast.
Brand performance fuels growth
The Abercrombie brand posted an 8% sales increase, while its sister brand Hollister grew 2% in the same period. Executives attributed the gains to continued appeal among millennial shoppers and a resurgence of interest from teens and young adults updating their wardrobes for the back‑to‑school season.
Shares of the company rose 11% in pre‑market trading following the announcement, reflecting investor confidence in the retailer’s ability to sustain demand despite weaker conditions in some international markets.
Outlook and market context
While international markets showed signs of softness, the U.S. segment remained resilient, supporting the company’s decision to raise its forecasts. Analysts noted that the updated guidance positions Abercrombie & Fitch ahead of many peers in the apparel sector, which has faced mixed performance across categories.
The retailer plans to continue focusing on product innovation, digital engagement, and targeted marketing to maintain its momentum through the remainder of the fiscal year.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.