Abercrombie & Fitch jumps after upbeat sales forecast, Q2 beat

Brinker International

26/08/2026 13:43

** Shares of apparel retailer Abercrombie & Fitch ANF.N up 11% at $121.20 premarket
** Co raises full-year sales forecast as demand for its apparel brands remained resilient 
** Expects full-year net sales to grow 5%, compared with its earlier forecast of 3% to 5%.
** Forecasts annual EPS to come in at $13.10 to $13.60 from $10.20 to $11 previously
** Co's posts Q2 revenue came in at $1.27 billion, slightly above analysts' expectations of $1.25 billion - data compiled by LSEG
** Reports adj. EPS of $2.32 compared with estimate of $1.99
** As of last close, stock down 13.5% YTD

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