Abercrombie & Fitch reported Q2 2026 EPS of $4.17, exceeding expectations due to a $100 million tariff refund, and raised its full-year outlook; shares surged 11% in pre-market trading.
Abercrombie & Fitch reported its second-quarter fiscal results on Wednesday, with diluted net earnings per share of $4.17, significantly exceeding previous expectations of $1.80 to $2.00. This outperformance was primarily driven by approximately $100 million in International Emergency Economic Powers Act (IEEPA) tariff refunds, which contributed about $1.75 to diluted EPS. Net sales increased by 5% to $1.27 billion, marking the company's 15th consecutive quarter of growth. A&F also raised its full-year earnings outlook, now anticipating diluted net earnings per share to be between $13.10 and $13.60, up from the prior guidance range of $10.20 to $11.00. The company's stock rose by 11% in pre-market trading on Wednesday.
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