The American clothing retailer Abercrombie & Fitch Co. In the second quarter of the 2026 financial year, which ended on 1 August, the company increased its revenue by 5 per cent compared with the same period the previous year – to $1.267 billion, according to its financial statements.
This marked the fifteenth consecutive quarter of growth.
Specifically, sales in the US rose by 5 per cent, in the EMEA region by 2 per cent, and in the Asia-Pacific region by 19 per cent.
The company’s net profit rose by 29 per cent to $183.72 million ($4.17 per share).
Abercrombie & Fitch now plans to increase revenue by approximately 5 per cent for the 2026 financial year, whereas growth of 3–5 per cent had previously been expected. Earnings per share are forecast to be in the range of $13.1–13.6, compared with the previous estimate of $10.2–11.
In the third financial quarter, earnings are expected to be $2.9–3.2 per share, whilst analysts surveyed by FactSet forecast an average of $2.85.
The company intends to buy back at least $500 million worth of its own shares during the year, whereas it had previously planned to spend around $450 million on this.
Abercrombie & Fitch’s share price jumped by 8.7 per cent during Wednesday’s trading session. Over the past three months, the company’s market capitalisation has risen by almost 34 per cent (to $4.8 billion), whilst the S&P 500 index has risen by 2 per cent.