The retailer reaffirmed its full-year outlook after reporting record Q1 2026 net sales of $1.1 billion and an 8% operating margin.
Abercrombie & Fitch Co. (ANF) forecast earnings per share of $10.20 to $11 for the year, alongside a 12% to 12.5% operating margin target. The company also announced a $450 million share buyback program, signaling confidence in its financial position.
First-quarter 2026 results included record net sales of $1.1 billion and an 8% operating margin, exceeding internal projections. Despite macroeconomic headwinds, management maintained its full-year guidance for sales, margins, and EPS.
The company did not disclose immediate market reactions to the earnings call or guidance updates.