Inferra AI / Company / ANF

Abercrombie & Fitch Co

ANF · Consumer Discretionary

Last earnings Aug 26, 2026

Key results

Operating marginquarter

17.1%

operating margin of 17.1% and

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

EPSquarter

$2.91

earnings per share of $2.91 include a litigation settlement benefit of $39 million on pre-tax basis, $0.59 per share benefit on tax-adjusted basis Excluding favorable litigation settlement impact, second quarter adjusted

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Adjusted net incomequarter

$ 2.91

Details related to reported net income per diluted share and adjusted net income per diluted share for the second quarter are as follows 2025 2024 GAAP $ 2.91 $ 2.50 Excluded item, net of tax effect (1) 0.59 Adjusted non-GAAP $ 2.32 $ 2.50 Impact from changes in foreign currency exchange rates (2) 0.03 Adjusted non-GAAP constant currency $ 2.32 $ 2.53 (1) Excluded item consists of a favorable settlement, net of legal fees, of payment card interchange fee litigation.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Operating incomequarter

$207 million

Operating income of $207 million and $168 million on a reported and adjusted non-GAAP basis, respectively, as compared to operating income last year of $176 million.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Revenuequarter

17.1%

Operating margin as a percent of sales of 17.1% and 13.9% on a reported and adjusted non-GAAP basis, respectively, as compared to 15.5% last year.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net incomequarter

$2.91

Net income per diluted share of $2.91 and $2.32 on a reported and adjusted non-GAAP basis, respectively, as compared to net income per diluted share last year of $2.50 .

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

AI analysis

Q2 FY2025 · reported Aug 28, 2025

Based on: Earnings release + Q2 FY2025 deck + parent 8-K + 10-Q — transcript not held

EPS · Q2 FY2025

$2.91

EX-99 · Aug 28, 2025

Operating income · Q2 FY2025

$207M

EX-99 · Aug 28, 2025

Operating margin · Q2 FY2025

17.1%

EX-99 · Aug 28, 2025

Adjusted net income · Q2 FY2025

$ 2.91

EX-99 · Aug 28, 2025

Headline figures

Metric	Q2 FY2025	Prior qtr	Year ago
Operating margin	17.1%	—	—
EPS	$2.91	—	—
Adjusted net income	$ 2.91	—	—
Operating income	$207 million	—	—
Revenue	17.1%	—	15.5%
Net income	$2.91	—	—

EX-99 · Aug 28, 2025

Guidance · company-stated

Direction: Raised

Revenue

“We are increasing our full year net sales outlook, reflecting our strong positioning and growth trajectory, building on record 2024 results.”

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Operating margin17.1%

Capital allocation

On the bottom line, we exceeded our second quarter profitability expectations, while also returning $50 million to shareholders through our sixth consecutive quarter of share repurchases.

Borrowing capacity of $500 million under the senior-secured asset-based revolving credit facility (the ABL Facility ) with net borrowing available of $450 million after minimum excess availability requirement.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

REPORTS SECOND QUARTER FISCAL 2025 RESULTS

Based on: Earnings release + Q2 FY2025 deck + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Raised

Revenue: “We are increasing our full year net sales outlook, reflecting our strong positioning and growth trajectory, building on record 2024 results.”

Revenue — Raised (“increasing”)
“We are increasing our full year net sales outlook, reflecting our strong positioning and growth trajectory, building on record 2024 results.”

Classified from the release's primary full-year outlook statement.

Capital allocation

On the bottom line, we exceeded our second quarter profitability expectations, while also returning $50 million to shareholders through our sixth consecutive quarter of share repurchases.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Liquidity , comprised of cash and equivalents and borrowing available under the ABL Facility, of approximately $1.0 billion as of August 2, 2025.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net cash used for investing activities of $32 million, primarily reflecting capital expenditures, partially offset by maturities of marketable securities.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net cash used for financing activities of $291 million, primarily reflecting share repurchases.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

During the second quarter of 2025, the company repurchased 0.6 million shares for approximately $50 million.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Strategy & priorities

While we made progress on key inventory initiatives by leveraging promotions and testing new product concepts, Abercrombie brands net sales were down 5%, lapping 26% growth in the prior year.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Our team remains focused on delivering for our customers while investing to capitalize on the significant, long-term opportunities for our global brands.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

The inputs used to measure fair value are prioritized based on a three-level hierarchy.

SEC original ↗Abercrombie & Fitch Co — 10-Q Quarterly report10-QSep 4, 2026

Corporate/other expenses include expenses incurred that are not directly attributed to a reportable segment and primarily relate to corporate or global functions such as design, sourcing, brand management, corporate strategy, information technology, finance, treasury, legal, human resources, and other corporate support services, as well as certain globally managed components of the planning, merchandising, and marketing functions.

SEC original ↗Abercrombie & Fitch Co — 10-Q Quarterly report10-QSep 4, 2026

Risks & headwinds

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Net of planned mitigation efforts, the full year outlook assumes approximately $90 million of tariff expense, or 170 basis points as a percent of net sales.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

(2) The current full year outlook includes $39 million net benefit on a pre-tax basis, or $29 million on a tax-adjusted basis, from a litigation settlement.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Any such forward-looking statements involve risks and uncertainties and are subject to change based on various important factors, many of which may be beyond the company s control.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

(2) Excluded item consists of a favorable settlement, net of legal fees, of payment card interchange fee litigation.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

(2) Excluded item consists of a favorable settlement, net of legal fees, of payment card interchange fee litigation (3) The tax effect of excluded items is the difference between the tax provision calculated on a GAAP basis and an adjusted non-GAAP basis.

SEC original ↗Abercrombie & Fitch Co — Earnings release (8-K exhibit)EX-99Aug 28, 2025

Documents

Earnings deck slides

0 decks with slide view

Abercrombie & Fitch Co — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

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