Abercrombie & Fitch — Mar 4, 2026 release

We entered fiscal 2026 with a strong foundation, including two globally relevant brands, a proven operating model, and a robust balance sheet, all managed by a world class team. Our goals for 2026 are to grow net sales, deliver another year of double-digit operating margin and grow earnings per share, all while making strategic investments that will fuel our long-term global ambition.” Details related to reported net income per diluted share and adjusted net income per diluted share for the fourth quarter and full year are as follows: Fourth Quarter Full Year 2025 2024 2025 2024 GAAP $ 3.68  $ 3.57  $ 10.46  $ 10.69  Excluded items, net of tax effect (1) —  —  (0.60) —  Adjusted non-GAAP $ 3.68  $ 3.57  $ 9.86  $ 10.69  Impact from changes in foreign currency exchange rates (2) —  (0.03) —  (0.09) Adjusted non-GAAP constant currency $ 3.68  $ 3.54  $ 9.86  $ 10.60  (1) Excluded items consist of a favorable settlement, net of legal fees, of payment card interchange fee litigation and the tax effect of pre-tax excluded item. (2) The estimated impact from foreign currency is calculated by applying current period exchange rates to prior year results using a 26% tax rate. A summary of results for the fourth quarter ended January 31, 2026 as compared to the fourth quarter ended February 1, 2025: • Net sales of $1.67 billion up 5% as compared to last year, with comparable sales of 1%. • Operating income of $236 million as compared to $256 million last year. • Operating margin as a pe