Abercrombie & Fitch — Aug 26, 2026 release

For fiscal 2026, the company now expects: Current Full Year Outlook Previous Full Year Outlook (1) Net sales Growth Around 5% Growth In The Range of 3% to 5% IEEPA tariff refund impact (bps) (2) Favorability of around 220 bps None Assumed Operating margin (2) (3) In The Range of 14.5% to 15.0% In The Range of 12.0% to 12.5% Effective tax rate (4) Around 29% Around 30% Net income per diluted share (2) (3) (5) In The Range of $13.10 to $13.60 In The Range of $10.20 to $11.00 Share repurchases (6) At least $500 million Around $450 million Diluted weighted average shares (5) (6) Around 44 million Around 44 million Capital expenditures Around $250 million Around $225 million Real estate activity (7) (all approximate) ~30 Net Store Openings ~30 Net Store Openings 50 Openings, 20 Closures 50 Openings, 20 Closures 80 Remodels and Right-Sizes 80 Remodels and Right-Sizes Third Quarter Outlook Net sales Growth In The Range of 5% to 6% IEEPA tariff refund impact (bps) (2) Favorability of around 160 bps Operating margin (2) (3) In The Range of 13.0% to 14.0% Effective tax rate (4) Around 29% Net income per diluted share (2) (3) (5) In The Range of $2.90 to $3.20 Share repurchases (6) At least $100 million Diluted weighted average shares (5) (6) Around 43 million (1) Released May 27, 2026. (2) Reflects estimated International Emergency Economic Powers Act (“IEEPA”) tariff refunds of $20 million and $120 million in third quarter and full year fiscal 2026, respectively. Estimate excludes the assumed impact of accrued interest paid on tariff refunds. The company also estimates third quarter and full year 2026 impact of tariff refunds on net income per diluted share, inclusive of interest, to be $0.35 and $2.10, respectively. (3) Reflects the estimated impact, net of planned mitigation