Abercrombie & Fitch — Aug 26, 2026 release

REPORTS SECOND QUARTER FISCAL 2026 RESULTS • Record second quarter net sales of $1.3 billion, up 5% to last year, 15th consecutive quarter of growth • Net sales growth across regions with Americas up 5%, APAC up 19%, and EMEA up 2% • Best-ever second quarter sales across brands, led by Abercrombie brands up 8%, with Hollister up 2% • Operating margin of 20%, and earnings per diluted share of $4.17, both above outlook in excess of IEEPA tariff refund benefit of approximately $100 million on a pre-tax basis and $1.75 per diluted share; impact presented in table below • $177 million in shares repurchased in the quarter; year-to-date share repurchases of $282 million totaling 7% of shares outstanding at beginning of the year • Updates full-year outlook to net sales growth of around 5%, net income per diluted share of $13.10 to $13.60, share repurchases increased to at least $500 million • Third quarter outlook of net sales growth of 5% to 6%, net income per diluted share of $2.90 to $3.20, at least $100 million in share repurchases New Albany, Ohio, August 26, 2026: Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the second quarter ended August 1, 2026. These compare to results for the second quarter ended August 2, 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, “We delivered record second quarter net sales and our 15 th consecutive quarter of growth, reflecting our teams’ continued focus on serving customers with compelling product, marketing, and experiences. Growth was balanced across our brands and regions, highlighted by accelerating momentum in the Americas and improving trends in EMEA. Both brands achieved record second quarter net sales, led by 8% growth at Abercrombie brands. We also delivered on the bottom line, with both operating margin and earnings per diluted share above our outlook, in excess of the tariff refunds benefit. Year-to-date, we continued to use our strong balance sheet to invest in the business across stores, digital, technology and m