U.S. clothing retailer Abercrombie & Fitch (ANF) has posted Fiscal second quarter financial results that narrowly beat Wall Street forecasts.
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The Ohio-based company reported earnings per share (EPS) of $2.32, which was slightly ahead of the $2.30 expected among analysts. Revenue in the quarter totaled $1.21 billion, which was just ahead of the $1.20 billion consensus forecast on Wall Street.
However, despite the top and bottom line beats, sales for the Abercrombie & Fitch brand declined 5% from a year earlier and its comparable sales fell 11% year-over-year. That drop was partially offset by the company’s Hollister clothing brand, which saw sales rise 19%, its best-ever net sales growth.
Abercrombie & Fitch’s income statement. Source: Main Street Data
Forward Guidance
Looking ahead, Abercrombie & Fitch raised its full-year revenue outlook, saying it now anticipates sales to increase 5% to 7%, compared with previous guidance of 3% to 6% growth. The new outlook tops Wall Street expectations of 5.2% growth.
“We entered the second half of 2025 on offense,” CEO Fran Horowitz said in the company’s earnings release. “We are increasing our full year net sales outlook, reflecting our strong positioning and growth trajectory, building on record 2024 results. Our team remains focused on delivering for our customers while investing to capitalize on the significant, long-term opportunities for our global brands.”
Abercrombie’s guidance incorporates about $90 million in tariff costs, nearly double what it previously anticipated. ANF stock is down 35% on the year.
Is ANF Stock a Buy?
The stock of Abercrombie & Fitch has a consensus Moderate Buy rating among 10 Wall Street analysts. That rating is based on six Buy and four Hold recommendations issued in the last three months. The average ANF price target of $118.44 implies 21.15% upside from current levels. These ratings may change after the company’s financial results.
