Abercrombie's Shares Rise 36% on Q2 Earnings Beat on Tariff Refunds

Abercrombie & Fitch (ANF) delivered strong second-quarter fiscal 2026 results with record net sales of $1.27 billion (up 5% YoY) and EPS of $4.17, beating consensus estimates. The company marked its 15th consecutive quarter of growth, with both Abercrombie and Hollister brands posting record Q2 sales. ANF raised its fiscal 2026 sales-growth outlook to ~5% and operating margin guidance to 14.5-15%, supported by strong cash flow and $177 million in Q2 share repurchases.