Abercrombie & Fitch Q1 EPS Tops by $0.18, Revenue Misses Estimate
ANF•Abercrombie & Fitch reported Q1 EPS of $1.47, beating estimates by $0.18, while revenue rose 2% to $1.10 billion yet missed the $1.12 billion consensus. The company posted an 8.0% operating margin, saw comparable sales fall 1%, and set Q2 sales growth at 2–4% with EPS of $1.80–2.00.
1. Q1 Financial Results
Abercrombie & Fitch reported adjusted Q1 earnings per share of $1.47, exceeding the $1.29 estimate by $0.18, while revenue increased 2% year-over-year to $1.1 billion but fell short of the $1.12 billion consensus. The company achieved an 8.0% operating margin, with comparable sales declining 1%.
2. Regional and Brand Performance
Net sales in the Americas rose 3% and APAC surged 24%, offset by a 10% drop in EMEA. By brand, Abercrombie sales grew 3% year-over-year, while Hollister net sales remained flat compared to the prior period.
3. Guidance and Share Repurchases
For Q2, the company forecasts net sales growth of 2% to 4% and earnings per share between $1.80 and $2.00. The full-year outlook remains net sales growth of 3% to 5% with EPS of $10.20 to $11.00 (midpoint $10.60 vs. analyst consensus $10.71), and plans approximately $450 million in share buybacks.





