Abercrombie & Fitch — Mar 4, 2026 release
Fiscal 2026 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001018840-26-000006
Showing in the filing
Tariff impact
“approximately 290 basis points”
Period
Q1 FY2027
Measure
Company-defined measure
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
These tariffs are assumed to be effective beginning February 24, 2026, and to remain in effect for the entirety of fiscal 2026. Net of planned mitigation efforts, the outlook assumes a year-over-year tariff impact as a percentage of net sales of approximately 290 basis points for the first quarter and 70 basis points for the full year. This fiscal 2026 outlook does not include any potential refunds or recoveries of tariffs imposed pursuant to the International Emergency Economic Powers Act. (2) The current outlook for effective tax rate is sensitive to the jurisdictional mix and level of income and does not include the impact of potential future tax policy or legislative changes. (3) The current outlook for net income per diluted share and diluted weighted average shares includes the anticipated impact to shares outstanding from potential share repurchase activity in fiscal 2026. (4) The timing and amount of any such repurchases will be determined based on an evaluation of market conditions, the company’s share price, legal requirements, and other factors. (5) Owned-and-operated stores only. Conference Call Today at 8:30 AM, ET, the company will conduct a conference call and provide additional details around its quarterly and full year results and its outlook for the first quarter and full year for fiscal 2026. To access the call by phone, participants will need to register at the following URL address to obtain a dial-in number and pa
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.