Abercrombie & Fitch Q2: record net sales $1.3B up 5%, EPS $4.17 incl. tariff benefit

ABERCROMBIE & FITCH CO /DE/

Record Q2 net sales $1.3B, up 5% YoY; 15th consecutive quarter of sales growth.
Diluted EPS $4.17 includes ~$100M pre-tax ( $1.75/share) IEEPA tariff refund benefit.
Regional growth: Americas +5%, APAC +19%, EMEA +2%; Abercrombie brands +8%, Hollister +2%.
Repurchased $177M shares in Q2; YTD $282M (~7% of beginning-year shares). FY26 buyback target raised to ≥$500M.
FY26 outlook: sales growth ~5%, diluted EPS $13.10-$13.60; Q3 sees sales growth 5-6%, EPS $2.90-$3.20.

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