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Abercrombie & Fitch — Mar 4, 2026 release

Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001018840-26-000006
Open on SEC.gov ↗
Showing in the filing
Operating margin
“12.0% to 12.5%”
Period
FY2026
Measure
GAAP-tied
Source
Prose
All guidance in this release · 20
Net sales growth for FY2026
“3% to 5%”
Operating margin for FY2026
“12.0% to 12.5%”
Earnings per share for FY2026
“grow earnings per share”
Net sales for Q1 FY2026
“Growth In The Range of 1% to 3%”
Operating margin for Q1 FY2026
“Around 7.0%”
Effective tax rate for Q1 FY2026
“Around 26%”
Effective tax rate for FY2026
“Around 29%”
Net income per diluted share for Q1 FY2026
“In The Range of $1.20 to $1.30”
Net income per diluted share for FY2026
“$10.20 to $11.00”
Share repurchases for Q1 FY2026
“At least $100 million”
Share repurchases for FY2026
“Around $450 million”
Diluted weighted average shares for Q1 FY2026
“Around 46 million”
Diluted weighted average shares for FY2026
“Around 45 million”
Capital expenditures for FY2026
“In The Range of $200 to $225 million”
Net Store Openings for FY2026
“~30”
Openings for FY2026
“55”
Closures for FY2026
“25”
Remodels and Right-Sizes for FY2026
“70”
Tariff impact for Q1 FY2027
“approximately 290 basis points”
Tariff impact for FY2026
“70 basis points”
Exhibit 99.1 · the passage around this item
… earlier in the release
REPORTS FOURTH QUARTER AND FULL YEAR RESULTS • Company delivers record fourth quarter and full year net sales of $1.7 billion and $5.3 billion, respectively • Fourth quarter net sales grew 5% to 2024, with balanced growth across regions, brands and channels • Full year net sales grew 6% to 2024, with growth across regions and channels • Hollister brands delivers record full year 2025 net sales on growth of 15%, with Abercrombie down 1% • Full year operating margin of 13.3%, and net income per diluted share o f $10.46 • Full year share repurchases of $450 million, or 5.4 million shares, representing 11% of shares outstanding at February 1, 2025 • Provides full year 2026 outlook for net sales growth in the range of 3% to 5%, operating margin in the range of 12.0% to 12.5%, net income per diluted share in the range of $10.20 to $11.00 New Albany, Ohio, March 4, 2026: Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the fourth quarter and fiscal year ended January 31, 2026. These compare to results for the fourth quarter and fiscal year ended February 1, 2025. 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, “Our record fourth quarter net sales marked our thirteenth consecutive quarter of growth, with both operating margin and earnings per share at the high end of expectations we shared in early January. Reflecting on fiscal 2025, I’m proud of our accomplishments. We delivered record net sales with 6% growth and achieved our third straight year of double-digit operating margins, all while continuing to strengthen the business through investments in marketing, stores, people, and digital capabilities. Supported by $619 million in operating cash flow, we repurchased 5.4 million shares, representing 11% of shares outstanding at the beginning of the year, reinforcing our commitment to long term value creat
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.