The American fashion firm Abercrombie & Fitch has closed its second fiscal quarter, ending on August 1, with a net profit attributed of 183.7 million dollars (157.6 million euros), which implies an increase of 30% compared to the same period of the previous year. After the accounts were made known, its shares on the New York Stock Exchange rose by around 33%.
Regarding billing, the company's revenues reached 1.266 billion dollars (1.086 billion euros), which represents almost a 5% increase year-on-year. Total costs stood at 1.014 billion dollars (870 million euros), which represents an increase of 1.3% compared to the previous fiscal year.
The basic earnings per share rose to 4.20 dollars (3.60 euros), above the 2.97 dollars (2.55 euros) recorded in the second quarter of 2025, reflecting an improvement of 41%.
During the quarter, Abercrombie & Fitch carried out share buybacks for 177 million dollars (150 million euros). Adding what has been executed so far this fiscal year, the total volume of these operations amounts to 282 million dollars (242 million euros), equivalent to 7% of the shares outstanding at the beginning of the fiscal year. The company expects the buyback amount for the entire year to reach at least 500 million dollars (430 million euros), thus raising its previous forecasts.
The company has also revised upwards a large part of its projections for the rest of the fiscal year, contemplating an increase in net sales of 5% and a net profit per share situated between 13.10 and 13.60 dollars (11.24 and 11.67 euros), compared to the previous range of between 10.20 and 11 dollars (8.75 and 9.44 euros).
After the presentation of the results, Abercrombie & Fitch's shares rose by up to 33%, marking a price of 144.7 dollars, up from 108.90 dollars at the close of the previous session.
"After a strong start to the year, we are updating our sales and operating margin forecasts for the entire year and maintaining confidence in our long-term growth trajectory and our investment priorities. It is important to highlight that we are incorporating additional growth levers through partnerships, distribution channels, and product categories," emphasized the company's CEO, Fran Horowitz.