Abercrombie & Fitch Co. reported record first-quarter fiscal 2026 net sales of $1.1 billion, up 2% from the prior year and marking its 14th consecutive quarter of growth. Growth was led by the Americas segment, up 3%, and APAC, up 24%, partially offset by a 10% decline in EMEA.
Operating income was $89 million with an operating margin of 8.0%, down from 9.3% a year ago, and diluted earnings per share were $1.47 versus $1.59 last year. The company repurchased $105 million of shares, about 3% of shares outstanding at the beginning of the year, and ended the quarter with roughly $1.0 billion in liquidity.
The company maintained its full-year fiscal 2026 outlook, expecting net sales growth of 3% to 5%, operating margin of 12.0% to 12.5%, and net income per diluted share of $10.20 to $11.00, along with approximately $450 million of share repurchases.
AQR Capital Management filed an amendment to Schedule 13G disclosing 3,447,962 shares of Abercrombie & Fitch Co. Class A common stock, representing 7.68% of the class as of 03/31/2026. The filing lists shared voting power of 3,277,690 shares and states AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC.
ANDERSON KERRII B reported acquisition or exercise transactions in this Form 4 filing.
Abercrombie & Fitch Co. director Kerrii B. Anderson received a grant of 107.198 shares of phantom stock on May 4, 2026. This is a compensation-related award, not an open-market purchase or sale. Each phantom stock share represents the right to receive one share of Class A common stock.
The phantom stock becomes payable in common shares when Anderson’s service as a director ends. Following this grant, Anderson holds a total of 3,607.478 phantom stock units directly.
Coulter Suzanne M reported acquisition or exercise transactions in this Form 4 filing.
Abercrombie & Fitch Co. director Suzanne M. Coulter received an award of 293.849 shares of phantom stock. Each phantom stock unit represents the right to receive one share of the company’s Class A common stock and is a form of deferred compensation rather than a market purchase.
After this grant, Coulter holds a total of 25,732.253 phantom stock units. According to the filing, these units become payable in Class A common stock when she terminates her service as a director, aligning her compensation with long-term shareholder interests.
Vanguard Capital Management reports beneficial ownership of 2,403,495 shares of Abercrombie & Fitch Co common stock, representing 5.35% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 2,403,495 shares and sole voting power over 351,082 shares.
The statement specifies the holdings reflect securities managed by Vanguard Capital Management LLC and listed affiliates, and it is signed by Vanguard's Head of Global Fund Administration on 04/29/2026.
Abercrombie & Fitch Co Schedule 13G: Vanguard Portfolio Management reports beneficial ownership of 2,480,783 shares of Common Stock, representing 5.52% of the class as of 03/31/2026. The filing shows sole dispositive power over 2,480,783 shares and sole voting power for 64,622 shares. The filing is signed by Ashley Grim on 04/28/2026.
Abercrombie & Fitch Co. is asking stockholders to vote at its 2026 virtual annual meeting on June 3, 2026, to elect nine directors, approve 2025 executive pay on an advisory basis, and ratify PricewaterhouseCoopers LLP as auditor. The company highlights record Fiscal 2025 net sales of $5.27 billion, a 6% increase over Fiscal 2024, with double-digit operating margins, $619 million in operating cash flow, and $450 million of share repurchases. Governance features include a declassified, majority‑elected and largely independent board, proxy access, separate Chair and CEO roles, and no poison pill. Executive compensation remains heavily performance‑based, with 90% of the CEO’s target pay and 76% of other named executives’ target pay variable and tied to financial and stock performance.
Abercrombie & Fitch Co. executive vice president of human resources Jay Rust reported an equity compensation event involving the company’s Class A Common Stock. On March 26, 2026, he received a grant of 17,632 shares at no cost as part of his compensation. To cover tax obligations tied to this award, 7,865 shares were withheld at a price of $89.76 per share, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Rust directly held 20,651 shares of Abercrombie & Fitch Class A Common Stock, reflecting a routine compensation-related update to his ownership.
Abercrombie & Fitch executive Scott D. Lipesky, EVP and COO, reported equity-related transactions in Class A Common Stock. He received a grant of 70,522 shares at no cost as compensation. To cover tax obligations, 30,537 shares were withheld at a price of $89.76 per share. After these transactions, he directly owned 192,534 shares of Class A Common Stock, reflecting a routine compensation grant with associated tax withholding rather than an open-market purchase or sale.