Abercrombie & Fitch's first quarter 2026 EPS of $1.47 beats estimates while comparable sales decline 1%.

Abercrombie & Fitch reported first quarter net sales of $1.1 billion, a 2% increase year-over-year, and diluted EPS of $1.47. The results reflect a slight miss on revenue expectations but a significant beat on earnings, while the company maintained its full-year guidance.

Key Highlights

• Comparable sales declined 1%, missing analyst expectations for 2% growth, driven by a 2% comparable sales decline in the Hollister brand segment.
• Brand performance was led by the Abercrombie segment, which grew sales by 3%, while the Hollister segment was flat year-over-year.
• By region, sales grew 3% in the Americas and 24% in APAC, but declined 10% in EMEA, which the company attributed to softening demand.