Abercrombie & Fitch Raises Outlook After Strong Q2 Earnings Beat

Abercrombie & Fitch reported a significant earnings beat for the second quarter of fiscal 2026, driven by strong sales growth and a substantial one-time tariff refund, prompting the company to sharply raise its full-year financial outlook. The apparel retailer announced adjusted earnings of $4.17 per diluted share on revenue of $1.27 billion for the quarter ended August 2, 2026, far exceeding Wall Street expectations. The results, announced on August 26, 2026, sent the company's stock soaring in midday trading.