Abercrombie & Fitch — Nov 25, 2025 release
Fiscal 2026 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001018840-25-000046
Showing in the filing
Net sales growth (full-year outlook)
“6% to 7%”
Period
FY2025
Measure
GAAP-tied
Source
Prose
All guidance in this release · 18
Net sales growth for FY2026
“6% to 7%”
Net sales growth (full-year outlook) for FY2025
“6% to 7%”
Net income per diluted share for FY2026
“$10.20 to $10.50”
Net income per diluted share (full-year outl… for FY2025
“$10.20 to $10.50”
Operating margin for FY2025
“In The Range of 13.0% to 13.5%”
Effective tax rate for Q4 FY2025
“Around 30%”
Share repurchases for FY2025
“Around $450 million”
Diluted weighted average shares for FY2025
“Around 48 million”
Capital expenditures for FY2025
“~$225 million”
Real estate activity - Net Store Openings for FY2025
“~40 Net Store Openings”
Real estate activity - Openings and Closures for FY2025
“60 Openings, 20 Closures”
Real estate activity - Remodels And Right-Si… for FY2025
“40”
Net sales for Q4 FY2025
“Growth In The Range of 4% to 6%”
Operating margin for Q4 FY2025
“Around 14%”
Net income per diluted share for Q4 FY2025
“In The Range of $3.40 to $3.70”
Share repurchases for Q4 FY2025
“Around $100 million”
Diluted weighted average shares for Q4 FY2025
“Around 47 million”
Tariff expense for FY2026
“approximately $90 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
REPORTS THIRD QUARTER FISCAL 2025 RESULTS • Record third quarter net sales of $1.3 billion, up 7% from last year, 12th consecutive quarter of growth • Net sales growth led by Americas up 7%, EMEA up 7%, partially offset by 6% decline in APAC • Brand performance led by Hollister brands growth of 16%, with Abercrombie brands down 2% • Operating margin of 12.0%, with earnings per diluted share of $2.36 exceeding outlook range • $100 million in shares repurchased in the quarter; Year-to-date share repurchases of $350 million, 9% of shares outstanding at beginning of the year • Narrows full-year outlook to net sales growth of 6% to 7%, net income per diluted share of $10.20 to $10.50 New Albany, Ohio, November 25, 2025: Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the third quarter ended November 1, 2025. These compare to results for the third quarter ended November 2, 2024. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this release. Fran Horowitz, Chief Executive Officer, said, “We achieved three years of consecutive quarterly sales growth, delivering record third quarter net sales, with 7% growth to last year. Hollister brands grew 16% on a strong finish to back-to-school and fall seasonal transition. Abercrombie brands made sequential progress in-line with our expectations, and we are tightly managing inventory as we aim for fourth quarter brand net sales to be approximately flat to last year’s record. On the bottom line, we delivered a 12.0% operating margin including important investments in marketing, digital and technology, in addition to 210 basis points of adverse tariff impact. We exceeded our expectations on earnings per share, while also returning $100 million to shareholders in the third quarter, our s
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.