Abercrombie & Fitch rises on quarterly profit beat

Abercrombie & Fitch

27/05/2026 13:16

** Shares of apparel retailer Abercrombie & Fitch ANF.N up ~5% at $78.31 in premarket trading 
** Co beats Wall Street expectations for first-quarter profit, helped by strong apparel demand in the United States
** ANF flags weakness in its Europe, the Middle East and Africa segment due to the ongoing Iran war
** Q1 adjusted net income per diluted share of $1.45 vs estimates of $1.28 - data compiled by LSEG 
** Logs Q1 net sales of $1.11 bln vs estimates of $1.12 bln     
** Maintains annual net sales and profit targets
** As of last close, stock down 41% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))